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
Promised pool participants 8%-20% returns, lost $1.4 million
Davis failed to tell customers that he frequently had the trading platforms manipulate the options trading software settings to increase the odds of customer losses
Trunz spoofed thousands of trades while employed at two New York banks
A deceptive scheme that attempted to manipulate precious metals futures' prices