CFTC Orders Bitfinex to Pay $75,000 for Offering Illegal Off-Exchange Financed Retail Commodity Transactions and Registration Violations Registration / supervisory violation

CFTC release 7380-16 · 2016-06-03 · view on cftc.gov ↗

Key facts

Release number: 7380-16
Release date: 2016-06-03
Type: Registration / supervisory violation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7380-16

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.