CFTC Files and Settles Charges of Fraud and Misappropriation against Former Employee of California Commodity Trading Firm Castle Trading Inc. Fraud

CFTC release 5211-06 · 2006-08-09 · view on cftc.gov ↗

Key facts

Release number
5211-06
Release date
2006-08-09
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/5211-06

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.