Cryptocurrencies
Premature Launch of Bitcoin Futures Turns Ugly for LedgerX Exchange
- Exchange CEO blasts CFTC for ‘breaking the law’ over Twitter
- LedgerX had announced launch of physically-settled futures
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The bragging rights to become the first cryptocurrency exchange to allow small investors to buy derivatives that pay out with Bitcoins are still up for grabs.
After being touted with much fanfare Wednesday on crypto news sites, LedgerX, a U.S.-regulated Bitcoin derivatives exchange and clearinghouse, said Thursday that it was a bit premature in announcing the availability of the futures to retail investors.