FEDERAL COURT ORDERS CALIFORNIAN OSCAR GOLDMAN TO PAY $275,500 IN SANCTIONS IN SETTLING COMMODITY FUTURES TRADING COMMISSION CHARGES; Defendant Goldman Had Been Charged With Fraudulent Sales Solicitations Fraud

CFTC release 4911-04 · 2004-04-08 · view on cftc.gov ↗

Key facts

Release number: 4911-04
Release date: 2004-04-08
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/4911-04

About CFTC enforcement

The CFTC charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and commodity-pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension. Crypto-asset cases have been a major share since 2019.