CFTC Charges New York Resident Daniel Winston LaMarco and His Company, GDLogix Inc., with Fraud in Connection with Foreign Currency Derivatives Commodity Pool Scheme and Registration Violations Fraud

CFTC release 7588-17 · 2017-07-12 · view on cftc.gov ↗

Key facts

Release number: 7588-17
Release date: 2017-07-12
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7588-17

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.