# New Jersey Court Order Imposes More Than $30 Million in Sanctions against Coyt E. Murray, Tech Traders, Inc., Tech Traders, Ltd., Magnum Investments, Ltd., and Magnum Capital Investments, Ltd. in Anti-Fraud Action Brought by the CFTC

> CFTC release 5357-07 · 2007-07-24 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 5357-07
- **Release date:** 2007-07-24
- **Type:** Fraud
- **Title:** New Jersey Court Order Imposes More Than $30 Million in Sanctions against Coyt E. Murray, Tech Traders, Inc., Tech Traders, Ltd., Magnum Investments, Ltd., and Magnum Capital Investments, Ltd. in Anti-Fraud Action Brought by the CFTC
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5357-07

## 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 5357-07, "New Jersey Court Order Imposes More Than $30 Million in Sanctions against Coyt E. Murray, Tech Traders, Inc., Tech Traders, Ltd., Magnum Investments, Ltd., and Magnum Capital Investments, Ltd. in Anti-Fraud Action Brought by the CFTC", 2007-07-24. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/cftc-action/5357-07.

---

*[CFTC actions dataset](/datasets/cftc-actions) · CC0 1.0*