Bit5ive principal Richard Acosta banned for five years by NFA
In September 2023, the NFA issued an emergency enforcement action against Bit5ive Advisor and Richard Acosta.
In September 2023, the NFA issued an emergency enforcement action against Bit5ive Advisor and Richard Acosta.
NFA has permanently barred Bit5ive Mining Fund Advisor, LLC, a commodity pool operator (CPO) located in Doral, Florida, from membership.
The NFA took this action to protect participants in Bit5ive Mining Fund LP, a commodity pool operated by Bit5ive.