CFTC Charges Nikolai S. Battoo and Four Companies He Controls with Fraud In Connection With Commodity Pools that Accepted Over $140 Million from U.S. Investors Fraud

CFTC release 6346-12 · 2012-09-08 · view on cftc.gov ↗

Key facts

Release number: 6346-12
Release date: 2012-09-08
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6346-12

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.