CFTC Charges Illinois Resident Nick A. Wurl and His Company Ludiera Capital LLC with Fraud and Misappropriation in $9 Million Scheme Fraud

CFTC release 7191-15 · 2015-06-25 · view on cftc.gov ↗

Key facts

Release number
7191-15
Release date
2015-06-25
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/7191-15

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.