Jesse Coghlan
Staff Editor
Felix Ng
Editor
CFTC charges commodity, crypto pool operator with $14M fraud
Latest News
2 hours ago
The CFTC has launched a rare crypto-related enforcement action against a commodity pool operator.
The US Commodity Futures Trading Commission sued a North Carolina man over an alleged commodity pool.
The agency alleged that investors sent millions of dollars after hearing claims of successful trading.
Related: CME Group sues CFTC over crypto perpetual futures
Registration claims
The complaint said the company failed to register as required by federal commodities law.
The regulator asked the court for penalties, restitution and a permanent trading ban.