CFTC Charges Commodity Pool Operators and a Florida Company with Fraudulently Solicitating Over $41.6 Million in a Commodity Pool Scheme Fraud

CFTC release 8551-22 · 2022-06-30 · view on cftc.gov ↗

Key facts

Release number
8551-22
Release date
2022-06-30
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8551-22

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.