CFTC Charges South Carolina Resident Thomas Lanzana, Florida Resident Nikolay Masanko, and Their Companies Blackbox Pulse, LLC and White Cloud Mountain, LLC with Fraud, Misappropriation, and Registration Violations Fraud

CFTC release 7605-17 · 2017-08-25 · view on cftc.gov ↗

Key facts

Release number: 7605-17
Release date: 2017-08-25
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7605-17

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.