CFTC Obtains $12.7 Billion Judgment Against FTX and Alameda Court judgment

CFTC release 8938-24 · 2024-08-08 · view on cftc.gov ↗

Key facts

Release number
8938-24
Release date
2024-08-08
Type
Court judgment
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8938-24

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.