Federal Court Orders Utah Resident Kimball Parker and MakeYourFuture, LLC to Pay Customer Restitution and Civil Monetary Penalties for Fraud in Connection with Offering and Selling a Futures Trading System Fraud

CFTC release 7560-17 · 2017-05-23 · view on cftc.gov ↗

Key facts

Release number: 7560-17
Release date: 2017-05-23
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7560-17

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.