RELEASE Number 8053-19 October 16, 2019 CFTC Charges Nevada Company and its Owner in $11 Million Cryptocurrency Fraud and Misappropriation Scheme Federal Court Issues ...
RELEASE Number 8052-19 October 15, 2019 Federal Court Orders Managed Fund and CEO to Pay More Than $17.2 Million in a Commodities Fraud Scheme ...
Prospective customers lured by disseminating fraudulent marketing materials
“The CFTC will vigorously enforce the rules requiring our registrants to properly supervise their business activities
Failure to file timely reports
Thompson induced two customers to send roughly $7 million to fund the purchase of bitcoin after making false representations
The CFTC has paid out more than $90 million in awards since establishing the Whistleblower Program
The order requires assesses a $140,000 civil monetary penalty
The OCC, Board, FDIC, SEC, and CFTC are adopting amendments to the regulations implementing section 13 of the Bank Holding Company Act. Section 13 contains ...
Promised pool participants 8%-20% returns, lost $1.4 million