CFTC Plunges into Crisis as Leadership Vacuum Paralyses Crypto Oversight

• Kristin Johnson will leave the agency on September 3.
• Caroline Pham is rumored to be on her way to joining MoonPay.
• Quintenz’s CFTC appointment remains an issue of controversy.

A leadership crisis is engulfing the Commodities Futures Trading Commission (CFTC), threatening to paralyze a key U.S. crypto regulator. 

Reports confirm that Democratic Commissioner Kristin Johnson will depart the agency on September 3 to return to academia. Johnson’s exit will shrink the commission to just two members, creating a significant power vacuum and raising serious questions about its ability to function. 

News: Democratic Commissioner Kristin Johnson is leaving the agency Sept. 3, per an announcement. Johnson will be returning to academia.

Her departure will leave the Wall Street regulator with a single member, Acting Chairman Pham.

More, with @nicola_m_white, on @TheTerminal pic.twitter.com/3aV2HVtvlb

— Lydia Beyoud (@ElleBeyoud) August 26, 2025

What’s Driving the CFTC Exodus?

Johnson’s planned departure marks the latest in a series of high-profile exits that have hollowed out the agency’s leadership this year. 

Before leaving, Johnson made a public plea for…

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