Federal Court in Nevada Orders Commodity Futures Software Vendor to Pay More than $674,000 for Solicitation Fraud and Failing to Register with the CFTC Fraud

CFTC release 7747-18 · 2018-06-28 · view on cftc.gov ↗

Key facts

Release number
7747-18
Release date
2018-06-28
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/7747-18

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.