Commodity Futures Trading Commission

CBOE Global Markets said on Monday it would begin trading its bitcoin futures contracts, known as XBT futures, next Monday, and will offer free trading for the rest of the month to help draw in traders and create a market. Both the CBOE and its crosstown rival, CME Group, received permission last week from the CFTC to launch bitcoin derivatives as they go head-to-head in a battle to determine which exchange will come to dominate the market for bitcoin-linked derivatives, the Financial Times reported.

Almost two weeks ago, On April 14, we reported the striking news that DB has decided to "turn" against the precious metals manipulation cartel by first settling long-running silver and gold price fixing lawsuits which in addition to "valuable monetary consideration" would expose the other banks' rigging after DB also "agreed to provide cooperation to plaintiffs, including the production of instant messages, and other electronic communications, as part of the settlement."

As regular readers are likely aware, we like to give the CFTC a helping hand whenever possible.

For seven years, we’ve warned about the danger the market faces from the parasitic “strategies” of predatory HFTs and nefarious vacuum tubes and finally, the Commission as well as the DOJ listened, subsequently confirming that such practices are indeed illegal.

Friday, well dressed men in suits and ties set up an encampment at a city owned park in Houston and said they weren't going to leave until the CFTC stops its "tyranny."

It just got weirder from there.