Federal District Court in New York Enters Order of Permanent Injunction against Defendants Agape World, Inc. and Agape Merchant Advance LLC, Charged with Defrauding Customers in Commodity Futures Trading Scheme Other enforcement

CFTC release 6523-13 · 2013-03-01 · view on cftc.gov ↗

Key facts

Release number: 6523-13
Release date: 2013-03-01
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6523-13

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.