Federal Court Orders Jody Dupont of Anderson, South Carolina, and His Company, Open Range Trading LLC, to Pay $192,000 for Defrauding Customers in Connection with Offering and Selling Futures Trading System Other enforcement

CFTC release 7743-18 · 2018-06-25 · view on cftc.gov ↗

Key facts

Release number: 7743-18
Release date: 2018-06-25
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7743-18

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.