Federal Court Orders Missouri Resident Daniel K. Steele and His Missouri Company, Champion Management International, LLC, to Pay over $2.5 Million in Monetary Sanction Other enforcement

CFTC release 7080-14 · 2014-12-17 · view on cftc.gov ↗

Key facts

Release number: 7080-14
Release date: 2014-12-17
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7080-14

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.