CFTC Charges Nicholas Gelfman and Gelfman Blueprint, Inc. with Fraudulent Solicitation, Misappropriation, and Issuing False Account Statements in Bitcoin Ponzi Scheme Fraud

CFTC release 7614-17 · 2017-09-22 · view on cftc.gov ↗

Key facts

Release number: 7614-17
Release date: 2017-09-22
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7614-17

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.