CFTC taps former federal prosecutor David Miller to lead enforcement divison as crypto role grows
The CFTC appointed former federal prosecutor David Miller to lead its enforcement division amid growing regulatory focus on crypto.Summary
Commodity Futures Trading Commission (CFTC) Chair Michael Selig has appointed David Miller, a former federal prosecutor and private sector lawyer experienced with digital asset cases, to lead the agency's enforcement division. This appointment occurs as the CFTC is expected to take on a larger role in regulating the cryptocurrency industry, potentially including prediction markets, following legislative efforts to grant the agency broader jurisdiction. Miller expressed excitement about joining the CFTC during this transformative time. He previously served as an assistant U.S. attorney in the Southern District of New York and worked at law firms focusing on digital assets. His hiring comes amid scrutiny over enforcement staffing at both the CFTC and the SEC, though Chair Selig stated Miller will focus on policing fraud and manipulation rather than setting policy.
(Source：The Block)