Federal Court Permanently Enjoins Defendants and Orders Them to Pay Penalties and Restitution for Bitcoin Solicitation Fraud, Impersonating a CFTC Investigator, and Sending Forged CFTC Documents Fraud

CFTC release 7965-19 · 2019-07-10 · view on cftc.gov ↗

Key facts

Release number: 7965-19
Release date: 2019-07-10
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7965-19

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.