CFTC Obtains $6.9M Restitution Order Against Three Individuals, Three Florida Firms in Metals Fraud Case Fraud

CFTC release 9124-25 · 2025-09-16 · view on cftc.gov ↗

Key facts

Release number
9124-25
Release date
2025-09-16
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/9124-25

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.