# Five Current and Former Coral Energy Traders Settle CFTC Charges for False Reporting and Attempted Manipulation in Natural Gas Market; Defendants Ordered to Pay $1 Million Penalty

> CFTC release 5411-07 · 2007-11-10 · **Market manipulation** · ENFORCEMENT

## Key facts

- **Release number:** 5411-07
- **Release date:** 2007-11-10
- **Type:** Market manipulation
- **Title:** Five Current and Former Coral Energy Traders Settle CFTC Charges for False Reporting and Attempted Manipulation in Natural Gas Market; Defendants Ordered to Pay $1 Million Penalty
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5411-07

## 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 5411-07, "Five Current and Former Coral Energy Traders Settle CFTC Charges for False Reporting and Attempted Manipulation in Natural Gas Market; Defendants Ordered to Pay $1 Million Penalty", 2007-11-10. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/cftc-action/5411-07.

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