U.S. District Court Orders Two Florida Residents and a Florida Firm to Pay More Than $4 Million for Defrauding Investors in a Foreign Currency Scheme Other enforcement

CFTC release 5950-10 · 2010-12-08 · view on cftc.gov ↗

Key facts

Release number: 5950-10
Release date: 2010-12-08
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5950-10

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.