New York Court Enters Order Granting Judgment against American Energy Exchange and York Commodities for International Commodity Option Scam Court judgment
Key facts
- Release number
- 5337-07
- Release date
- 2007-05-22
- Type
- Court judgment
- Primary source
- https://www.cftc.gov/PressRoom/PressReleases/5337-07
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.