CFTC Revokes Registrations of Abdul Sultan Walji and His Company, Arista LLC, Based on Court’s Permanent Injunction Order Prohibiting Them from Committing Further Fraud and on Walji’s Conviction for Criminal Commodities Fraud Fraud

CFTC release 7039-14 · 2014-10-18 · view on cftc.gov ↗

Key facts

Release number: 7039-14
Release date: 2014-10-18
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7039-14

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.