Federal Court Orders California Man Jeffrey Gustaveson to Pay over $1.6 Million for Fraud Misappropriation, and False Account Statements in Commodity Pool Scheme Fraud

CFTC release 6754-13 · 2013-10-30 · view on cftc.gov ↗

Key facts

Release number: 6754-13
Release date: 2013-10-30
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6754-13

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.