# CFTC Wins Forex Fraud Trial on Damages and Obtains Monetary Judgment of More than $22.6 Million

> CFTC release 8122-20 · 2020-02-21 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 8122-20
- **Release date:** 2020-02-21
- **Type:** Fraud
- **Title:** CFTC Wins Forex Fraud Trial on Damages and Obtains Monetary Judgment of More than $22.6 Million
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8122-20

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 8122-20, "CFTC Wins Forex Fraud Trial on Damages and Obtains Monetary Judgment of More than $22.6 Million", 2020-02-21. Retrieved via AI Analytics 2026-07-06 from https://api.ai-analytics.org/cftc-action/8122-20.

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