Operator Fine Commodity Futures Trading Commission (CFTC)· United States · 2025-07-24

Federal Court Orders UK Firms, Residents from China, Oklahoma to Pay $19M in CFTC Fraud Case

→ Chao Li

The U.S. District Court for the Western District of Washington ordered several defendants, including UK firms and residents from China and Oklahoma, to pay a total of $19 million in a fraud case related to unauthorized trading activities. The court found that the defendants operated fraudulent websites and misappropriated funds from customers.

Amount (EUR)

€17,400,000

Original currency

USD 19,000,000

Action date

2025-07-24

Authority

Commodity Futures Trading Commission (CFTC)

Country

United States

Primary source:
https://www.cftc.gov/PressRoom/PressReleases/9100-25 ↗

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