U.S. Financial Watchdog Investigating Ethereum Price Flash Crash on GDAX: Report

The U.S. Commodity Futures Trading Commission (CFTC) is investigating the June 21 ethereum price flash crash that occurred on GDAX. CFTC Investigating Ethereum Price Flash Crash As reported by Bloomberg, the CFTC has asked Coinbase — the owner and operator of GDAX — to supply information about the June 21 flash crash, which caused the ethereum price to plunge from $317.