PANews reported on January 11 that according to CoinDesk, Ian McGinley, the enforcement director of the U.S. Commodity Futures Trading Commission (CFTC), will resign on the 17th (local time). Ian McGinley joined the agency in February 2023, and a month later, the CFTC sued Binance and then-CEO Zhao Changpeng for violating U.S. commodity laws. During his tenure, he also oversaw law enforcement against the collapsed global platform FTX, which he called the largest dollar recovered for victims in the history of the CFTC. Since then, the agency has taken action against projects such as KuCoin and Falcon Labs.