Media Misreports BTC Futures Status, Option ‘Coming Soon’

Earlier this week, United States-regulated crypto derivatives and clearing platform LedgerX was reported to launch the first physically settled Bitcoin futures contracts in the country, therefore stealing a march on Bakkt and ErisX. However, the Commodities Futures Trading Commission (CFTC) soon refuted that information by stating that the exchange has not yet been properly cleared by the agency. 

Now, a LedgerX official has told Cointelegraph that the media publication that broke the news — CoinDesk — had “misunderstood the scope of the launch,” which in turn led to the confusing publication. Meanwhile, the exchange’s CEO is threatening to sue the CFTC on social media while his company offers no comment on that. Cointelegraph has also reached out to CoinDesk regarding the comment obtained from LedgerX, and was referred to a follow-up article that explained the situation from its point of view. 

LedgerX’s Omni platform: options and swaps, but no futures yet

On July 31,…