CFTC Charges Alexander Giap of Annandale, Va., with Fraud by an Unregistered Commodity Trading Advisor Fraud

CFTC release 6191-12 · 2012-02-28 · view on cftc.gov ↗

Key facts

Release number
6191-12
Release date
2012-02-28
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/6191-12

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.