FEDERAL COURT ISSUES INTERIM ORDER BARRING FOREIGN FUND, AN INTERNET CURRENCY TRADING FIRM, FROM DEFRAUDING CUSTOMERS, AND ORDERS THE APPOINTMENT OF A TEMPORARY RECEIVER; Court’s Order Continues Asset Freeze against Foreign Fund and Bars the Sale of Illegal Futures Contracts Other enforcement

CFTC release 5063-05 · 2005-03-31 · view on cftc.gov ↗

Key facts

Release number: 5063-05
Release date: 2005-03-31
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5063-05

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.