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US CFTC Obtains Over $1.3B in Administrative Penalties in 2019

Published 11/26/2019, 12:02 PM
Updated 11/26/2019, 01:41 PM
US CFTC Obtains Over $1.3B in Administrative Penalties in 2019

The United States Commodity Futures Trading Commission (CFTC) has obtained over $1.3 billion in administrative penalties in the fiscal year 2019, which included funds collected from cryptocurrency operators.

According to the CFTC’s annual report for the 2019 financial year, the regulator obtained monetary relief in its enforcement actions — including in the form of civil monetary penalties, disgorgement, and restitution — totaling $1,321,046,710. The figure is 39% higher than that of the previous fiscal year.

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