Federal Court Freezes Assets of Moroccan Resident Richmond Hamilton, Jr., and the Chicago Commodity Pool He Manages in a $1 Million Pool Anti-Fraud Case Brought by the CFTC Fraud

CFTC release 5744-09 · 2009-10-31 · view on cftc.gov ↗

Key facts

Release number: 5744-09
Release date: 2009-10-31
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5744-09

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.