CFTC Orders Hong Kong-Based Huafu HK Co. Ltd. to Pay $225,000 for Reporting Violations Other enforcement

CFTC release 7578-17 · 2017-06-28 · view on cftc.gov ↗

Key facts

Release number
7578-17
Release date
2017-06-28
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/7578-17

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.