Cryptocurrencies

Crypto Whistleblowers in Line for Multimillion-Dollar Payouts

  • Commission’s Kristin Johnson encourages them to come forward
  • She says possible payouts for whistleblowers are ‘very big’
Photographer: Erhan Demirtas/Bloomberg
Lock
This article is for subscribers only.

A CFTC commissioner has urged crypto industry whistleblowers to come forward in the aftermath of FTX Group’s implosion, saying tipsters have previously received millions of dollars for their help.

Commodity Futures Trading Commission’s Kristin Johnson said on Thursday that informants would get anonymity, adding that such tips play a crucial role in enforcement given the opaqueness of some of the crypto world.