# 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

> CFTC release 5289-07 · 2007-02-08 · **Other enforcement** · ENFORCEMENT

## Key facts

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

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 5289-07, "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", 2007-02-08. Retrieved via AI Analytics 2026-07-05 from https://api.ai-analytics.org/cftc-action/5289-07.

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