CFTC Charges Alpha Trade Group, S.A. and Six Individuals with Fraud and Misappropriation in Connection with a $1.7 Million Foreign Currency and Futures Scheme Fraud

CFTC release 6115-11 · 2011-09-29 · view on cftc.gov ↗

Key facts

Release number: 6115-11
Release date: 2011-09-29
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6115-11

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.