Federal Court in North Carolina Orders Toby D. Hunter, Prestige Capital Advisors, and D2W Capital Management to Pay over $11.7 Million for Fraud and other Violations in Commodity Pool and Managed Foreign Currency (Forex) Schemes Fraud

CFTC release 6615-13 · 2013-06-21 · view on cftc.gov ↗

Key facts

Release number: 6615-13
Release date: 2013-06-21
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6615-13

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.