According to the court documents, Empires Consulting operated a fraudulent investment scheme, EmpiresX, which falsely promised high returns to investors. Pires and Goncalves were charged with ...

US federal court orders $130M in penalties against EmpiresX founders for crypto fraud. CFTC secures hefty fines and a ...

CFTC bans EmpiresX founders and fines them $130 million for fraud after they misled investors and misused funds for personal expenses.

The Commodity Futures Trading Commission (CFTC) has imposed a $130 million penalty on EmpireX for their involvement in a cryptocurrency scam. This ma ...

The order requires Gemini Trust to pay a $5 million civil monetary penalty. “Making false or misleading statements to the CFTC in connection with a derivatives product certification undermines ...

The Commodity Futures Trading Commission’s acting chair, Caroline Pham, removed the agency’s head of human resources, who was ...

Gemini Trust Company LLC has agreed to pay a $5 million civil penalty following allegations from the Commodity Futures Trading Commission (CFTC). The U.S. District Court for the Southern District of ...

Gemini Trust Company LLC has agreed to pay a $5 million civil penalty following allegations from the Commodity Futures Trading Commission (CFTC). The U.S. District Court for the Southern District of ...

US federal court orders $130M in penalties against EmpiresX founders for crypto fraud. CFTC secures hefty fines and a permanent trading ban. A US federal court has ordered over $130M in penalties ...