U.S. District Court Orders United Kingdom Corporation (E Net Speculation Ltd.) And Its Two Principals To Pay $50,000 In Civil Penalties For International Solicitation Of Off-Exchange Commodity Futures Through The World Wide Web Other enforcement

CFTC release 5029-04 · 2004-12-07 · view on cftc.gov ↗

Key facts

Release number: 5029-04
Release date: 2004-12-07
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5029-04

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.