New York Federal Court Orders Brian Kim and Liquid Capital Management, LLC, to Pay More than $12 Million in Restitution and Monetary Sanctions for Commodity Pool Fraud Fraud

CFTC release 6028-11 · 2011-04-22 · view on cftc.gov ↗

Key facts

Release number: 6028-11
Release date: 2011-04-22
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6028-11

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.