Federal Court Freezes Assets of EJS Capital Management, LLC, Alex Vladimir Ekdeshman and Edward J. Servider and Relief Defendants in CFTC Action Charging Misappropriation of Nearly $2 Million in Ongoing Forex Fraud Scheme Fraud

CFTC release 6919-14 · 2014-05-03 · view on cftc.gov ↗

Key facts

Release number: 6919-14
Release date: 2014-05-03
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6919-14

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.