CFTC Charges US Coin Bullion LLC and its Owners with $7.9 Million Precious Metals Fraud Fraud

CFTC release 8103-20 · 2020-01-10 · view on cftc.gov ↗

Key facts

Release number
8103-20
Release date
2020-01-10
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8103-20

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.