FEDERAL COURT ORDERS NORTH CAROLINA RESIDENT JAMES DARREN MOORE AND HIS COMPANY TO PAY OVER $1 MILLION IN RESTITUTION AND PENALTIES FOR DEFRAUDING CUSTOMERS IN A COMMODITY SCHEME Other enforcement

CFTC release 5024-04 · 2004-12-02 · view on cftc.gov ↗

Key facts

Release number: 5024-04
Release date: 2004-12-02
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5024-04

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.