CFTC Announces Technology and Fraud Virtual Event to Explore Social Media Investment Fraud and AI Fraud

CFTC release 8783-23 · 2023-09-25 · view on cftc.gov ↗

Key facts

Release number
8783-23
Release date
2023-09-25
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8783-23

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.