North Carolina Federal Court Orders Rodney W. Whitney, Nicholas T. Cox, and Integra Capital Management, LLC, to Pay Over $6.9 Million for Ponzi Scheme Ponzi scheme

CFTC release 6130-11 · 2011-10-31 · view on cftc.gov ↗

Key facts

Release number: 6130-11
Release date: 2011-10-31
Type: Ponzi scheme
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6130-11

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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.