CFTC Charges Canadian Couple with Fraud and Misappropriation in Connection with the Operation of a Commodity Pool Fraud

CFTC release 5524-08 · 2008-07-30 · view on cftc.gov ↗

Key facts

Release number
5524-08
Release date
2008-07-30
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/5524-08

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.