# 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

> CFTC release 7414-16 · 2016-07-29 · **Fraud** · ENFORCEMENT

## Key facts

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

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 7414-16, "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", 2016-07-29. Retrieved via AI Analytics 2026-05-25 from https://api.ai-analytics.org/cftc-action/7414-16.

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