Federal Court Orders Florida Man to Pay Over $7.6 Million for Digital Asset Fraud Fraud

CFTC release 9051-25 · 2025-02-10 · view on cftc.gov ↗

Key facts

Release number
9051-25
Release date
2025-02-10
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/9051-25

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.