CFTC Orders California Resident to Pay $300,000 for a Fictitious Sales Scheme Other enforcement

CFTC release 8781-23 · 2023-09-22 · view on cftc.gov ↗

Key facts

Release number
8781-23
Release date
2023-09-22
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8781-23

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.