CFTC Charges Georgia Resident Hendrik A. Van Beuningen and His Company, DeBrink Trading Fund I, LLC, with Fraud, Misappropriation, and Registration Violations in Connection with Their Commodity Pool Fraud

CFTC release 7350-16 · 2016-04-01 · view on cftc.gov ↗

Key facts

Release number: 7350-16
Release date: 2016-04-01
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7350-16

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.