Federal Court in North Carolina Orders Tracy Lee Thomas and His Company, Marbury Advisors Inc., to Pay More than $4.4 Million for Fraudulently Soliciting Customers Fraud

CFTC release 7579-17 · 2017-06-29 · view on cftc.gov ↗

Key facts

Release number: 7579-17
Release date: 2017-06-29
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7579-17

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.