CFTC Orders Unregistered Pool Operator and its Managing Member to Pay More than $520,000 for Fraud Violations Fraud

CFTC release 8947-24 · 2024-08-20 · view on cftc.gov ↗

Key facts

Release number
8947-24
Release date
2024-08-20
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8947-24

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.