CFTC Orders Florida Man and His Company to Pay Over $397,000 in Connection with a Digital Assets Solicitation Scheme Other enforcement

CFTC release 8381-21 · 2021-04-20 · view on cftc.gov ↗

Key facts

Release number
8381-21
Release date
2021-04-20
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8381-21

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.