CFTC Charges CEO of Managed Fund with Misappropriation, Fraud, and Making False Statements to NFA Fraud

CFTC release 7927-19 · 2019-05-10 · view on cftc.gov ↗

Key facts

Release number
7927-19
Release date
2019-05-10
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/7927-19

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.