CFTC Charges Arizona Resident Anthony Eugene Linton with Operating a Foreign Currency Ponzi Scheme Ponzi scheme

CFTC release 5970-11 · 2011-01-25 · view on cftc.gov ↗

Key facts

Release number
5970-11
Release date
2011-01-25
Type
Ponzi scheme
Primary source
https://www.cftc.gov/PressRoom/PressReleases/5970-11

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.