MARYLAND FEDERAL COURT ENTERS CONSENT ORDER AGAINST FORMER RESIDENT ANDREW M. SILBERSTEIN IN COMMODITY POOL FRAUD ACTION; In Action Brought by U.S.Commodity Futures Trading Commission and the State of Maryland, Silberstein Is Ordered to Pay Total Sanctions of $560,000 Fraud

CFTC release 5052-05 · 2005-03-08 · view on cftc.gov ↗

Key facts

Release number: 5052-05
Release date: 2005-03-08
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5052-05

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.