Federal Court Orders Boston Resident John B. Wilson and His Company, JBW Capital LLC, to Pay a Civil Penalty of More than $2.8 Million for Commodity Pool Fraud Fraud

CFTC release 7041-14 · 2014-10-23 · view on cftc.gov ↗

Key facts

Release number: 7041-14
Release date: 2014-10-23
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7041-14

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.