# CFTC Charges Alleged Bitcoin Seller and Former Attorney with Multi-Million Dollar Bitcoin Fraud, Imposes Over $5 Million in Restitution

> CFTC release 8743-23 · 2023-07-06 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 8743-23
- **Release date:** 2023-07-06
- **Type:** Fraud
- **Title:** CFTC Charges Alleged Bitcoin Seller and Former Attorney with Multi-Million Dollar Bitcoin Fraud, Imposes Over $5 Million in Restitution
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8743-23

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 8743-23, "CFTC Charges Alleged Bitcoin Seller and Former Attorney with Multi-Million Dollar Bitcoin Fraud, Imposes Over $5 Million in Restitution", 2023-07-06. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/cftc-action/8743-23.

---

*[CFTC actions dataset](/datasets/cftc-actions) · CC0 1.0*