Federal Court Orders Operator of Commodity Trading Fund to Pay Restitution and Penalties for Defrauding Fund Participants and Commingling Pool Funds Other enforcement

CFTC release 8956-24 · 2024-08-29 · view on cftc.gov ↗

Key facts

Release number: 8956-24
Release date: 2024-08-29
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8956-24

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.