Federal Court Orders Utah Residents Christopher D. Hales, Eric A. Richardson and their Company Bentley Equities, LLC to Pay More Than $2.7 Million in Sanctions for Fraud Fraud

CFTC release 6599-13 · 2013-06-05 · view on cftc.gov ↗

Key facts

Release number: 6599-13
Release date: 2013-06-05
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6599-13

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.