CFTC Orders Idaho Man to Pay $150,000 for Registration Violation and Violations of Commodity Pool Operator Regulations Commodity pool fraud

CFTC release 8419-21 · 2021-08-26 · view on cftc.gov ↗

Key facts

Release number
8419-21
Release date
2021-08-26
Type
Commodity pool fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8419-21

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.