Federal Court Sanctions Australian Trader for Spoofing and Engaging in a Manipulative and Deceptive Scheme Spoofing

CFTC release 8395-21 · 2021-06-11 · view on cftc.gov ↗

Key facts

Release number
8395-21
Release date
2021-06-11
Type
Spoofing
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8395-21

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.