Federal Court Orders Chicago Commodity Pool Operators, Owner, Former Chief Portfolio Manager to Pay More Than $6M in Fraud Action Fraud

CFTC release 9092-25 · 2025-07-01 · view on cftc.gov ↗

Key facts

Release number
9092-25
Release date
2025-07-01
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/9092-25

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.