American CFTC commissioner Caroline Pham said that CFTC has recently proposed to KUCOIN allegations that may interfere with its cooperation agencies. The CFTC and the US Department of Justice accused KUCOIN on March 26, 2024 to operate an encrypted asset derivative platform without appropriate authorization. Caroline Pham said that CFTC's approach may violate the power of the SEC and destroy the strong investor protection law for decades, because it confuses a financial instrument with a financial activity and destroys the foundation of the securities market.



It can be seen that supervision has always been a vague attitude 