CFTC Charges Two Men and Their Companies with Commodity Pool Fraud, Other Violations Fraud

CFTC release 8445-21 · 2021-10-08 · view on cftc.gov ↗

Key facts

Release number
8445-21
Release date
2021-10-08
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8445-21

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.