{"id":48747,"date":"2021-09-02T12:46:05","date_gmt":"2021-09-02T09:46:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=48747"},"modified":"2025-09-02T09:00:50","modified_gmt":"2025-09-02T06:00:50","slug":"former-cftc-chief-steps-down-from-blockfi-board","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/former-cftc-chief-steps-down-from-blockfi-board\/","title":{"rendered":"Former CFTC chief steps down from BlockFi board"},"content":{"rendered":"<p>Former chairman of the U.S. Commodity Futures Trading Commission (CFTC) Christopher Giancarlo<a href=\"https:\/\/blockfi.com\/blockfi-welcomes-ellen-blair-chube-to-board-of-directors\"> left<\/a> the board of crypto-lending platform BlockFi four months after his appointment.<\/p>\n<p>The vacant seat will be filled by Ellen Blair Chube, who had served as managing director of client services at the investment bank William Blair. Giancarlo will continue to work with the lending platform as an adviser.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>BlockFi looks to a bright future and leadership in the sector. Crypto assets play a more prominent role in the strategies of both retail and institutional investors<\/em> \u2014 said the former official.<\/p>\n<\/blockquote>\n<p>BlockFi reiterated that it would continue to engage in close dialogue with regulators and reiterated its stance.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>We firmly believe that the BIA is a legal instrument and suitable for investors. We will continue to fight for consumers&#8217; right to earn interest on their assets<\/em>, the document states.<\/p>\n<\/blockquote>\n<p>In addition to the <a href=\"https:\/\/u1f987.com\/en\/news\/regulator-bars-blockfi-from-opening-new-accounts-for-new-jersey-residents\">New Jersey<\/a> Bureau of Securities, regulators <a href=\"https:\/\/u1f987.com\/en\/news\/alabama-regulator-accuses-blockfi-of-selling-unregistered-securities\">Alabama<\/a>, Texas and <a href=\"https:\/\/u1f987.com\/en\/news\/vermont-regulators-launch-probe-into-blockfis-activities\">Vermont<\/a> also filed similar claims against BlockFi.<\/p>\n<p>Earlier, BlockFi said it planned to <a href=\"https:\/\/u1f987.com\/en\/news\/blockfi-to-close-investment-round-and-push-ahead-with-ipo-amid-regulatory-pressure\">close a funding round at a valuation of $4.75 billion<\/a> and, after 12-18 months, go public via an <span data-descr=\"initial public offering\" class=\"old_tooltip\">IPO<\/span>.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former chairman of the U.S. Commodity Futures Trading Commission (CFTC) Christopher Giancarlo has left BlockFi&#8217;s board after four months in the role.<\/p>\n","protected":false},"author":1,"featured_media":48748,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1436,2147,36,26],"class_list":["post-48747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockfi","tag-christopher-giancarlo","tag-regulation","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"51","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=48747"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48747\/revisions"}],"predecessor-version":[{"id":48749,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48747\/revisions\/48749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/48748"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=48747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=48747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=48747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}