# CFTC Charges Jitesh Thakkar and Edge Financial Technologies, Inc. with Aiding and Abetting Spoofing and Manipulative and Deceptive Scheme

> CFTC release 7689-18 · 2018-01-29 · **Spoofing** · ENFORCEMENT

## Key facts

- **Release number:** 7689-18
- **Release date:** 2018-01-29
- **Type:** Spoofing
- **Title:** CFTC Charges Jitesh Thakkar and Edge Financial Technologies, Inc. with Aiding and Abetting Spoofing and Manipulative and Deceptive Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/7689-18

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 7689-18, "CFTC Charges Jitesh Thakkar and Edge Financial Technologies, Inc. with Aiding and Abetting Spoofing and Manipulative and Deceptive Scheme", 2018-01-29. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/cftc-action/7689-18.

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