CFTC Orders South Korean Company to Pay $700,000 for Spoofing Spoofing

CFTC release 8104-19 · 2020-01-13 · view on cftc.gov ↗

Key facts

Release number
8104-19
Release date
2020-01-13
Type
Spoofing
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8104-19

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.