Mosaic Exchange Ltd. and CEO Ordered to Pay Over $1.1 Million for Fraudulent Digital Asset Commodity Scheme Fraud

CFTC release 9032-25 · 2025-01-13 · view on cftc.gov ↗

Key facts

Release number
9032-25
Release date
2025-01-13
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/9032-25

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.