CFTC Charges Digital Asset Derivatives Platform and Miami Resident with Facilitating Unlawful Futures Transactions, Failing to Register, and Attempted Manipulation of Native Token Market manipulation

CFTC release 8605-22 · 2022-10-03 · view on cftc.gov ↗

Key facts

Release number: 8605-22
Release date: 2022-10-03
Type: Market manipulation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8605-22

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.