# CFTC Charges Florida Man and His Companies in Fraudulent Forex and Digital Asset Scheme

> CFTC release 8148-20 · 2020-04-16 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 8148-20
- **Release date:** 2020-04-16
- **Type:** Fraud
- **Title:** CFTC Charges Florida Man and His Companies in Fraudulent Forex and Digital Asset Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8148-20

## 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 8148-20, "CFTC Charges Florida Man and His Companies in Fraudulent Forex and Digital Asset Scheme", 2020-04-16. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/cftc-action/8148-20.

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