CFTC Orders Swiss Energy Trader to Pay $48 Million for Attempted Market Manipulation Market manipulation

CFTC release 8953-24 · 2024-08-27 · view on cftc.gov ↗

Key facts

Release number
8953-24
Release date
2024-08-27
Type
Market manipulation
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8953-24

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.