CFTC Issues Order Against Crypto Prime Brokerage Firm for Unlawfully Providing U.S. Customers Access to Digital Asset Derivatives Trading Platforms Other enforcement

CFTC release 8909-24 · 2024-05-13 · view on cftc.gov ↗

Key facts

Release number: 8909-24
Release date: 2024-05-13
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8909-24

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.