CFTC Charges Ron Earl McCullough and David Christopher Mayhew with Fraudulent Solicitation, False Statements, and Misappropriation of More than$1.6 Million of Customer Funds Fraud

CFTC release 6860-14 · 2014-02-20 · view on cftc.gov ↗

Key facts

Release number: 6860-14
Release date: 2014-02-20
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6860-14

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.