Bell Nunnally Partner Robert Long is quoted in the Reuters article titled, “Special Report: Ex-banker cheerleads his way to cryptocurrency riches.” The piece chronicles the story of how former investment banker Barry Silbert publicly announced that he was buying the cryptocurrency ethereum classic and then championed it. The article discusses social media posts and statements relating to ethereum classic purportedly by Silbert that could raise red flags with regulators.

In the article, Long stated that the U.S. Commodity Futures Trading Commission (CFTC) considers virtual currencies commodities and can “police the virtual currency markets for manipulation and other misconduct.” He also noted that the CFTC “could take an interest given the nature and timing of some of the statements.”

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