CFTC Charges Trading Platform with Illegal Transactions Margined in Bitcoin, Failing to Implement Procedures to Prevent Money-Laundering, and Failing to Register with the CFTC Other enforcement

CFTC release 7809-18 · 2018-09-27 · view on cftc.gov ↗

Key facts

Release number: 7809-18
Release date: 2018-09-27
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7809-18

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.