Federal Court Orders Israeli Web-based Firms, Vault Options, Ltd. and Global Trader 365, to Pay More than $4.5 Million for Unlawful Off-Exchange Binary Options Trading, Fraud, and Registration Violations Fraud

CFTC release 7414-16 · 2016-07-29 · view on cftc.gov ↗

Key facts

Release number: 7414-16
Release date: 2016-07-29
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7414-16

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.