CFTC Orders Mark Adrian of Florida to Pay $140,000 Civil Penalty in Fraudulent Foreign Currency Scheme Fraud

CFTC release 6058-11 · 2011-06-28 · view on cftc.gov ↗

Key facts

Release number
6058-11
Release date
2011-06-28
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/6058-11

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.