LedgerX executives claim to be unfairly treated by the US Commodity Futures Trading Commission (CFTC)

According to two letters requested by CoinDesk through the Freedom of Information Act (FOIA), LedgerX, a US-regulated cryptographic derivatives and clearing platform, believes that former CFTC Chairman J. Christopher Giancarlo is biased against the company and improperly uses it. The post postpones the approval of its registration. In the first letter of July 3, 2019, it was written: "We have every reason to believe that this unreasonable delay in the apparent violation of the Commodity Exchange Act, written with the President against our CEO. The bloggery of a blog post is related.” LedgerX CEO Paul Chou told CoinDesk on Saturday that the letters were accurate and contained only some of the messages sent to the agency. It is not clear which blog post this letter specifically refers to. CFTC spokesperson Michael Short said he could not speak on the allegations in the letter, but in general, "the CFTC treats all registered entities equally," and LedgerX's business needs to be "widely considered."