# Federal Court Orders Florida Forex Trader to Pay $3.4 Million for Futures, Forex, Options Scheme

> CFTC release 8882-24 · 2024-03-21 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 8882-24
- **Release date:** 2024-03-21
- **Type:** Other enforcement
- **Title:** Federal Court Orders Florida Forex Trader to Pay $3.4 Million for Futures, Forex, Options Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8882-24

## 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 8882-24, "Federal Court Orders Florida Forex Trader to Pay $3.4 Million for Futures, Forex, Options Scheme", 2024-03-21. Retrieved via AI Analytics 2026-07-02 from https://api.ai-analytics.org/cftc-action/8882-24.

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