CFTC lawsuit against binary options scheme Yukom fails to budge
The CFTC has not yet placed evidence before the Court concerning the appropriate amount of disgorgement, restitution, or other monetary penalty.
binary options
CFTC goes after Glen Point Capital for engaging in deceptive and manipulative scheme
The CFTC today filed a civil enforcement action against Glen Point Capital Advisors LP and Glen Point Capital LLP.
CFTC action against binary options firm Yukom Communications remains stayed
The CFTC does not seek to modify or lift the stay of its action against fraudulent binary options scheme Yukom Communications.
Appeals Court affirms Lee Elbaz’s sentence, remands case for new restitution order
The conviction and sentence of binary options fraudster Lee Elbaz were affirmed except for the restitution order.
FCA goes after individuals behind binary options scam Bespoke Markets Group
Cameron Vickers, Raheel Mirza and Opeyemi Solaja ran a London based company called Bespoke Markets Group which defrauded £1.2 million from UK investors.
ASIC confirms Binary Options ban extension to 2031
ASIC’s Binary Options ban has been fully effective in preventing retail clients from losing money trading binary options in Australia.
SEC seeks $74M in disgorgement from Spot Option, Pini Peter
Given that this was a long running fraud, the SEC asks that Spot Option be penalized in the amount of either $73,346,478 or $66,298,176.
Binary FN operator pleads guilty to wire fraud charges
David Butler used manipulative computer software to defraud binary options investors of more than $2.9 million.
CySEC withdraws license of MPS Marketplace Securities, f/k/a SpotOption
CySEC has withdrawn the CIF authorization of MPS Marketplace Securities, formerly known as SpotOption.
Operator of SpotFN and Binary FN faces up to 20 years in prison
David Butler, the operator of SpotFN and Binary FN, used a manipulative software to defraud binary options investors.
