Texas Federal Court Orders Payment of More Than $123 Million in Fines and Restitution in Case Filed by the U.S. Commodity Futures Trading Commission against Seattle Firm and its Affiliates Involved in Forex Swindle Other enforcement

CFTC release 5289-07 · 2007-02-08 · view on cftc.gov ↗

Key facts

Release number: 5289-07
Release date: 2007-02-08
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5289-07

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.