CFTC Orders Trafigura to Pay $55 Million for Fraud, Manipulation and Impeding Communications with the CFTC Market manipulation

CFTC release 8921-24 · 2024-06-17 · view on cftc.gov ↗

Key facts

Release number
8921-24
Release date
2024-06-17
Type
Market manipulation
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8921-24

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.