Federal Court Orders Texas-based RFF GP, LLC, KGW Capital Management, LLC, and Kevin G. White to Pay over $7.5 Million for Operating a Fraudulent Commodity Pool Fraud

CFTC release 7151-15 · 2015-04-07 · view on cftc.gov ↗

Key facts

Release number: 7151-15
Release date: 2015-04-07
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7151-15

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.