CFTC Charges Denver Man Nicholas Trimble and His Two Companies with Solicitation Fraud and Misappropriating Customer Funds in Million Dollar Foreign Currency Scheme Fraud

CFTC release 6136-11 · 2011-11-10 · view on cftc.gov ↗

Key facts

Release number: 6136-11
Release date: 2011-11-10
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6136-11

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.