Federal Court Orders Georgia Resident Hendrik A. Van Beuningen & His Company, DeBrink Trading Fund I, LLC, to Pay $910,000 in Sanctions to Settle CFTC Charges of Fraud, Misappropriation & Registration Violations in Connection with Their Commodity Pool Fraud

CFTC release 7420-16 · 2016-08-05 · view on cftc.gov ↗

Key facts

Release number: 7420-16
Release date: 2016-08-05
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7420-16

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.