CME CEO Terry Duffy warns CFTC-approved crypto perpetual futures are a 'disaster waiting to happen' due to excessive leverage and retail risk.

CME CEO Terry Duffy warned that U.S.-approved perpetual futures risk retail blowouts and excessive leverage exposure.

CME CEO Terry Duffy warns CFTC-approved crypto perpetual futures are a 'disaster waiting to happen' due to excessive leverage and retail risk.

CME CEO Terry Duffy calls CFTC-approved perpetual futures a 'disaster waiting to happen,' citing 50-to-1 leverage and a rushed 2.5-hour approval process.