Federal Court in Nevada Orders My Global Leverage, LLC and Toney Blondo Eggleston to Pay More than $1.4 Million in Restitution and a Monetary Penalty for Engaging in Illegal, Off-Exchange Precious Metals Transactions Other enforcement

CFTC release 7439-16 · 2016-09-02 · view on cftc.gov ↗

Key facts

Release number: 7439-16
Release date: 2016-09-02
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7439-16

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.