CFTC Sanctions Two Firms Offering Digital Asset-Based Swaps for Illegal Off-Exchange Trading and Registration Violations Registration / supervisory violation

CFTC release 8201-20 · 2020-07-13 · view on cftc.gov ↗

Key facts

Release number: 8201-20
Release date: 2020-07-13
Type: Registration / supervisory violation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8201-20

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.