Federal Court Orders Kentucky Resident to Pay $17 Million for Defrauding Commodity Futures Clients Other enforcement

CFTC release 8481-22 · 2022-01-19 · view on cftc.gov ↗

Key facts

Release number
8481-22
Release date
2022-01-19
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8481-22

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.