CFTC Obtains Default Judgment and Permanent Injunction against iFinix Futures, Inc. and Its Senior Executive Officer, Connecticut Resident Benhope Marlon Munroe, for Making False Statements to the NFA and Failing to Meet Minimum Financial Requirements Court judgment

CFTC release 6711-13 · 2013-09-27 · view on cftc.gov ↗

Key facts

Release number: 6711-13
Release date: 2013-09-27
Type: Court judgment
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6711-13

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.