Federal Court in Florida Orders Restitution, a Civil Monetary Penalty, and Permanent Injunction against Robert Tripode for Engaging in Fraud in Connection with Forex Fraud

CFTC release 7319-16 · 2016-02-05 · view on cftc.gov ↗

Key facts

Release number: 7319-16
Release date: 2016-02-05
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7319-16

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.