CFTC Charges Three Individuals with Fraudulently Soliciting U.S. Customers in Binary Options Scheme Fraud

CFTC release 8025-19 · 2019-09-30 · view on cftc.gov ↗

Key facts

Release number
8025-19
Release date
2019-09-30
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8025-19

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.