CFTC Charges Archegos Capital Management and Three Employees with Scheme to Defraud Resulting in Swap Counterparty Losses Over $10 Billion Other enforcement

CFTC release 8520-22 · 2022-04-27 · view on cftc.gov ↗

Key facts

Release number: 8520-22
Release date: 2022-04-27
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8520-22

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.