The U.S. CFTC has made a significant crackdown on the crypto industry, taking enforcement action against Falcon Labs, a Seychelles-based crypto prime brokerage firm. As per a press statement on Monday, the CFTC has charged Falcon Labs with illegal operations. The firm was found to have provided U.S. customers with access to crypto derivatives trading The post Falcon Labs Fined $1.7M for Illegally Funneling U.S. Users into Crypto appeared first on Coin Edition .