CFTC Orders Georgia Resident Jonathan A. Parker and His Company QuantX Capital, LLC to Pay a Civil Monetary Penalty and Restitution Totaling More than $1 Million for Engaging in Foreign Exchange Commodity Pool Fraud Fraud

CFTC release 7417-16 · 2016-08-04 · view on cftc.gov ↗

Key facts

Release number: 7417-16
Release date: 2016-08-04
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7417-16

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.