Georgia-Based Hedge Fund Lake Dow and its Principal, Ty Edwards, Ordered to Pay More than $4 million in Restitution and Penalties in CFTC Commodity Pool Fraud Action Fraud

CFTC release 5800-10 · 2010-03-26 · view on cftc.gov ↗

Key facts

Release number: 5800-10
Release date: 2010-03-26
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5800-10

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.