Share this article

Former CFTC Attorney Ryne Miller Joins FTX.US as General Counsel

Miller served as legal counsel to SEC Chairman Gary Gensler, when Gensler was at the CFTC.

Updated Dec 6, 2022, 8:22 p.m. Published Aug 3, 2021, 2:35 p.m. 1 min read

Former U.S. Commodity Futures Trading Commission (CFTC) attorney Ryne Miller has joined FTX.US, the U.S. affiliate of crypto exchange FTX, as its general counsel.

  • FTX.US said Miller’s primary objective will be “to ensure FTX.US remains responsive to, and compliant with, emerging U.S. and global regulatory policies.”
  • While at the CFTC, Miller served as legal counsel to Chairman Gary Gensler, who now chairs the Securities and Exchange Commission (SEC).
  • “We will be working alongside U.S. regulators to bring regulated digital asset markets to U.S. customers," said Miller in a statement.
  • Just prior to joining the exchange, Miller worked at the law firm Sullivan and Cromwell LLP where he was a partner and co-head of its Commodities, Futures and Derivatives practice.
  • FTX CEO Sam Bankman-Fried told CoinDesk TV recently that the Hong Kong-based company plans to expand in the U.S. and that many of the obstacles to doing so were regulatory in nature.

Read more: FTX US Affiliate Sees Record Daily Trading Volume in First Half of 2021


More For You

Jamie Dimon (John Lamparski/Getty Images)

JPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and crypto firms clash over whether stablecoin issuers should be allowed to offer yield-bearing rewards that resemble bank deposits.

What to know:

  • JPMorgan Chase CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned that the latest CLARITY Act draft could fail if lawmakers do not address banks’ concerns over stablecoin regulation on Friday.
  • Dimon argued that the bill would let stablecoin issuers effectively pay interest on deposits without bank-style protections, predicting...