Addendum A: FY 2022 Enforcement Actions

Below are: a table summary of the FY 2022 cases by primary violation; a complete listing of all the 82 

enforcement actions filed during FY 2022; and a listing of the 18 enforcement actions filed that involved 

conduct related to digital assets. 

Table Summary

The CFTC’s FY 2022 enforcement actions include 53 administrative cases and 29 civil 

injunctive cases. Most of these enforcement actions involved multiple types of 

violations, but the table below categorizes the cases by their primary violations. 

FY 2022 Enforcement Actions Filed

Case Category # of Actions 

Filed

Manipulative Conduct, False Reporting, Spoofing 7

Fraud1 31

Supervision, Financial Integrity, Business Conduct 7

Illegal Off-Exchange Contracts, Failure to Register 12

Trade Practice Violations (includes Wash Trades, Fictitious Trades, Position 

Limits)

2

Reporting, Recordkeeping2 18

Misappropriation of Material, Non-Public, Confidential Information, Misconduct 

by Employees against their Employers

3

False Information to CFTC or SRO, Violation of Prior Order 1

Statutory Disqualification 1

Total 82

 

1 15 of these actions also included Failure to Register charges, while 3 of these actions also included false 

statements to either the CFTC or an SRO. 2 15 of these actions also included Failure to Supervise charges
Complete Listing of CFTC FY 2022 Enforcement Actions

Manipulative Conduct, False Reporting, Spoofing

CFTC v David Skudder, Global Ag LLC, and 

Nesvick Trading Group LLC, No. 1:22-cv-01925 

(N.D. Ill. Filed Apr. 14, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8514-

22 

In re Glencore International A.G., and Chemoil 

Corporation, CFTC Docket No. 22-16 (May 24, 

2022) 

https://www.cftc.gov/PressRoom/PressReleases/8534-

22

CFTC v Daniel Shak, No. 2:22-cv-01258 (D. Nev. 

Filed Aug. 5, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8568-

22 

In re Eric Schwartz, CFTC Docket No. 22-22 

(Aug. 24, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8577-

22 

In re Tanius Technology, LLC, CFTC Docket No. 

22-34 (Sep. 26, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8595-

22 

In re Randy Chen, CFTC Docket No. 22-35 (Sep. 

26, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8595-

22 

Fraud

CFTC v. Purvesh Mankad, CTAX Series, LLC, 

and CTAX Partners, LLC, No. 2:21-cv-01719-

JZB (D. Ariz. Filed Oct. 8, 2021)

https://www.cftc.gov/PressRoom/PressReleases/8445-

21 

In re Paul Ohanian, and Scottsdale Wealth 

Planning, Inc., CFTC Docket No. 22-02 (Oct. 8, 

2021)

https://www.cftc.gov/PressRoom/PressReleases/8445-

21 

In re Tether Holdings Limited, Tether Limited, 

Tether Operations Limited, and Tether 

International Limited, CFTC Docket No. 22-04 

(Oct. 15, 2021)

https://www.cftc.gov/PressRoom/PressReleases/8450-

21 

CFTC v. Swapnil Rege, and SwapStar Capital 

LLC, No. 3:21-cv-19337 (D.N.J. Filed Oct. 26, 

2021)

https://www.cftc.gov/PressRoom/PressReleases/8454-

21 

In re United States Commodity Funds LLC, 

CFTC Docket No. 22-06 (Nov. 8, 2021) 

https://www.cftc.gov/PressRoom/PressReleases/8457-

21 

CFTC v. WorldWideMarkets, Ltd., TAB 

Networks, Inc., Thomas Plaut, and Arthur 

Dembro, No. 2:21-cv-20715 (D.N.J. Filed Dec. 

27, 2021)

https://www.cftc.gov/PressRoom/PressReleases/8477-

21

CFTC v. Jase Davis, Borys Konovalenko, Anna 

Shymko, Alla Skala, Timothy Stubbs, Notus LLC 

d/b/a ROFX, Easy Com LLC d/b/a ROFX, Global 

E-Advantages LLC a/k/a Kickmagic LLC d/b/a 

ROFX, Grovee LLC d/b/a ROFX, and Shopostar 

LLC d/b/a ROFX, No. 1:22-cv-20291 (S.D. Fla. 

Filed Jan. 27, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8486-

22 
CFTC v. Rajiv Patel, a/k/a Ravi Patel, a/k/a/ Raj 

Patel, and Bluprint LLC, No. 9:22-cv-80092-

DMM (S.D. Fla. Filed Jan. 18, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8487-

22

CFTC and Alabama Securities Commission, et al. 

v. Safeguard Metals LLC, and Jeffrey Santulan 

a/k/a Jeffrey Hill, No. 2:22-cv-00691 (C.D. Cal. 

Filed Feb. 1, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8489-

22 

CFTC v The W Trade Group LLC, Larry Ramos 

Mendoza, and Joseph Carvajales, No. 1:22-cv20378 (S.D. Fla. Filed Feb. 7, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8493-

22 

CFTC v James R. Velissaris, No. 1:22-cv-01347 

(S.D.N.Y. Filed Feb. 17, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8495-

22 

In re Richard D. Neal, and Golden Signals LLC, 

CFTC Docket No. 22-11 (Feb. 23, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8496-

22 

In re James Ward, CFTC Docket No. 22-12 (Mar.

8, 22)

No Press Release Issued

CFTC v Dwayne Golden, Jatin Patel, Marquis 

Egerton, and Gregory Aggesen, No. 1:22-cv01252 (E.D.N.Y. Filed Mar. 8, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8498-

22 

CFTC v Kay Yang, AK Equity Group LLC and 

Xapphire LLC, No. 2:22-cv-00449-SCD (E.D. 

Wis. Filed Apr. 13, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8513-

22 

CFTC v Archegos Capital Management, LP, and 

Patrick Halligan, No. 1:22-cv-03401 (S.D.N.Y. 

Filed Apr. 27, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8520-

22 

In re William Tomita, CFTC Docket No. 22-15 

(Apr. 27, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8520-

22 

In re Scott Becker, CFTC Docket No. 22-14 (Apr. 

27, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8520-

22 

CFTC v Eshaq M. Nawabi, Nawabi Enterprise, 

and Hyperion Consulting Inc., No. 2:22-at-00421 

(E.D. Cal. Filed Apr. 26, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8524-

22

CFTC v Eddy Alexandre, and EminiFX, Inc., No. 

1:22-cv-03822-VEC (S.D.N.Y. Filed May 12, 

2022)

https://www.cftc.gov/PressRoom/PressReleases/8527-

22 

CFTC v Damian Castilla, DCAST Capital 

Investments LLC, and Five Traders LLC, No. 

1:22-cv-21520 (S.D. Fla. Filed May 17, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8531-

22

CFTC v Sam Ikkurty a/k/a Sreenivas I Rao, 

Ravishankar Avadhanam, and Jafia LLC, No. 

1:22-cv-02465 (N.D. Ill. Filed May 10, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8532-

22 

CFTC v Rico Cox, No. 0:22-cv-61024 (S.D. Fla. 

Filed May 31, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8537-

22 

CFTC v Cornelius Johannes Steynberg, and 

Mirror Trading International Proprietary Limited, 

LLC, No. 1:22-cv-00635 (W.D. Tex. Filed Jun. 

30, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8549-

22 
CFTC v Emerson Pires, Flavio Goncalves, Joshua 

Nicholas, and Empires Consulting Corp., No. 

1:22-cv-21997 (S.D. Fla. Filed Jun. 30, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8551-

22 

In re Powerline Petroleum, LLC, Darren Dohme, 

and Adam Wright, CFTC Docket No. 22-21 (Jul. 

19, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8559-

22 

CFTC v. Rathnakishore Giri, NBD Eidetic 

Capital, LLC and SR Private Equity, LLC, No. 

2:22-cv-03091-ALM-KAJ (S.D. Ohio Filed Aug. 

11, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8572-

22

CFTC v Andrew M. Middlebrooks, and EIA All 

Weather Alpha Fund I Partners, LLC, No. :22-cv11943-SFC-DRG (E.D. Mich. Filed Aug. 19, 

2022)

https://www.cftc.gov/PressRoom/PressReleases/8576-

22 

In re Blaise Brochard, CFTC Docket No. 22-24 

(Sep. 6, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8582-

22 

In re Goldline, Inc., and A-Mark Precious Metals, 

Inc., CFTC Docket No. 22-30 (Sep. 22, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8588-

22 

CFTC v. Argent Asset Group LLC, First State 

Depository Company, LLC, and Robert Leroy 

Higgins, No. (D. Del. Filed Sep. 27, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8606-

22 

Supervision, Financial Integrity, Business Conduct

In re ICE Clear Europe Limited, CFTC Docket 

No. 22-01 (Oct. 6, 2021) 

https://www.cftc.gov/PressRoom/PressReleases/8443-

21 

In re Dennis K. Thomas and John J. Bartoletta, 

CFTC Docket No. 22-10 (Jan. 27, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8485-

22 

In re Interactive Brokers LLC, CFTC Docket No. 

22-18 (Jun. 30, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8550-

22 

In re Natixis, CFTC Docket No. 22-23 (Sep. 6, 

2022) 

https://www.cftc.gov/PressRoom/PressReleases/8581-

22

In re tpSEF, Inc., CFTC Docket No. 22-49 (Sep. 

29, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8601-

22 

In re ADM Investor Services Inc., CFTC Docket 

No. 22-50 (Sep. 29, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8602-

22 

In re CX Futures Exchange, L.P., CFTC Docket 

No. 22-51 (Sep. 29, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8603-

22 

Illegal Off-Exchange Contracts, Failure to Register

In re iFinex Inc., BFXNA Inc., and BFXWW Inc., 

CFTC Docket No. 22-05 (Oct. 15, 2021) 

https://www.cftc.gov/PressRoom/PressReleases/8450-

21

In re Blockratize, Inc. d/b/a Polymarket, CFTC 

Docket No. 22-09 (Jan. 3, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8478-

22 

In re Starberry Limited, CFTC Docket No. 22-17 

(Jun. 24, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8547-

22 

In re SprintTrade, CFTC Docket No. 22-25 (Sep. 

22, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8589-

22 
In re Cryptostockoptionstrade Ltd, CFTC Docket 

No. 22-26 (Sep. 22, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8589-

22 

In re Global Smart Option Broker Ltd, CFTC 

Docket No. 22-27 (Sep. 22, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8589-

22 

In re Hypertradingoption Ltd, CFTC Docket No. 

22-28 (Sep. 22, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8589-

22 

In re Stockbrokertechniques Ltd, CFTC Docket 

No. 22-29 (Sep. 22, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8589-

22 

In re bZeroX, LLC, Tom Bean, and Kyle Kistner, 

CFTC Docket No. 22-31 (Sep. 22, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8590-

22 

CFTC v Ooki DAO (formerly d/b/a bZx DAO), 

No. 3:22-cv-05416 (N.D. Cal. Filed Sep. 22, 

2022)

https://www.cftc.gov/PressRoom/PressReleases/8590-

22 

In re Asset Risk Management, LLC, CFTC 

Docket No. 22-36 (Sep. 26, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8596-

22

In re Jason Gospodarek, and Quantum Financial 

Network, LLC, CFTC Docket No. 22-37 (Sep. 26, 

2022) 

https://www.cftc.gov/PressRoom/PressReleases/8597-

22 

CFTC v Adam Todd, Digitex LLC, Digitex 

Limited, Digitex Software Limited, and Blockster 

Holdings Limited Corporation, No. 1:22-cv-23174 

(S.D. Fla. Filed Sep. 30, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8605-

22

Trade Practice Violations (includes Wash Trades, Fictitious Trades, Position 

Limits)

In re Kunal Bansal, Vinit Agarwal, Aralia 

Securities, Ltd. and Vintage Bullion DMCC, 

CFTC Docket No. 22-08 (Dec. 27, 2021)

https://www.cftc.gov/PressRoom/PressReleases/8476-

21 

In re COFCO Corp., and Chinatex Corp., Ltd., 

CFTC Docket No. 22-33 (Sep. 23, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8592-

22 

Reporting, Recordkeeping

In re UBS AG, CFTC Docket No. 22-03 (Oct. 14, 

2021) 

https://www.cftc.gov/PressRoom/PressReleases/8448-

21

In re JPMorgan Chase Bank, N.A., J.P. Morgan 

Securities LLC, and J.P. Morgan Securities plc, 

CFTC Docket No. 22-07 (Dec. 17, 2021)

https://www.cftc.gov/PressRoom/PressReleases/8470-

21

In re ED&F Man Capital Markets, Ltd., CFTC 

Docket No. 22-13 (Mar. 15, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8501-

22 

In re BNP Paribas, CFTC Docket No. 22-19 (Jul. 

5, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8552-

22 

In re JPMorgan Chase Bank, N.A., J.P. Morgan 

Securities LLC, and J.P. Morgan Securities, plc, 

CFTC Docket No. 22-20 (Jul. 5, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8553-

22 
In re XP Investments US, LLC, CFTC Docket No. 

22-32 (Sep. 23, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8591-

22 

In re Bank of America, N.A., BofA Securities, 

Inc., and Merrill Lynch, Pierce, Fenner & Smith 

Incorporated, CFTC Docket No. 22-38 (Sep. 27, 

2022)

https://www.cftc.gov/PressRoom/PressReleases/8599-

22 

In re Barclays Bank PLC and Barclays Capital 

Inc., CFTC Docket No. 22-39 (Sep. 27, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8599-

22 

In re Goldman Sachs & Co. LLC, f/k/a Goldman 

Sachs & Co., CFTC Docket No. 22-40 (Sep. 27, 

2022)

https://www.cftc.gov/PressRoom/PressReleases/8599-

22 

In re Nomura Global Financial Products Inc., 

Nomura Securities International, Inc., and 

Nomura International PLC, CFTC Docket No. 22-

41 (Sep. 27, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8599-

22 

In re UBS AG, UBS Financial Services, Inc., and 

UBS Securities LLC, CFTC Docket No. 22-42 

(Sep. 27, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8599-

22 

In re Jefferies Financial Services, Inc., and 

Jefferies LLC, CFTC Docket No. 22-43 (Sep. 27, 

2022)

https://www.cftc.gov/PressRoom/PressReleases/8599-

22 

In re Morgan Stanley & Co. LLC, Morgan Stanley 

Capital Services LLC, Morgan Stanley Capital 

Group Inc., and Morgan Stanley Bank, N.A., 

CFTC Docket No. 22-44 (Sep. 27, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8599-

22 

In re Cantor Fitzgerald & Co., CFTC Docket No. 

22-45 (Sep. 27, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8599-

22 

In re Citibank, N.A.; Citigroup Energy Inc.; and 

Citigroup Global Markets Inc., CFTC Docket No. 

22-46 (Sep. 27, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8599-

22 

In re Credit Suisse International, and Credit Suisse 

Securities (USA) LLC, CFTC Docket No. 22-47 

(Sep. 27, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8599-

22 

In re Deutsche Bank AG, and Deutsche Bank 

Securities Inc., CFTC Docket No. 22-48 (Sep. 27, 

2022)

https://www.cftc.gov/PressRoom/PressReleases/8599-

22 

In re BGC Derivative Markets, L.P., CFTC 

Docket No. 22-52 (Sep. 30, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8604-

22 

Misappropriation of Material, Non-Public, Confidential Information, 

Misconduct by Employees against their Employers

CFTC v. Coquest Inc., Dennis Weinmann, John 

Vassallo, Buttonwood LLC and Weva Properties 

Ltd., No. 3:21-cv-02599-S (N.D. Tex. Filed Oct. 

20, 2021)

https://www.cftc.gov/PressRoom/PressReleases/8451-

21

CFTC v. Peter Miller, and Omerta Capital LLC, 

No. 3:21-cv-19337 (S.D. Tex. Filed Dec. 10, 

https://www.cftc.gov/PressRoom/PressReleases/8468-

21
2021)

CFTC v. Matthew Clark, No. 4:22-cv-00365 (S.D. 

Tex. Filed Feb. 3, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8490-

22 

False Information to CFTC or SRO, Violation of Prior Order

CFTC v Gemini Trust Company, LLC, No. 1:22-

cv-04563 (S.D.N.Y. Filed Jun. 2, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8540-

22 

Statutory Disqualification

In re Fintech Investment Group Inc., and Alan 

Friedland, CFTC Docket No. SD 22-01 (Sep. 27, 

2022)

https://www.cftc.gov/PressRoom/PressReleases/8598-

22
Listing of Those CFTC FY 2022 Enforcement Actions That Involved Conduct Related to 

Digital Assets

In re Tether Holdings Limited, Tether Limited, 

Tether Operations Limited, and Tether International 

Limited, CFTC Docket No. 22-04 (Oct. 15, 2021)

https://www.cftc.gov/PressRoom/PressReleases/8450-

21 

In re James Ward, CFTC Docket No. 22-12 (Mar. 8, 

2022)

No Press Release Issued

CFTC v Dwayne Golden, Jatin Patel, Marquis 

Egerton, and Gregory Aggesen, No. 1:22-cv-01252 

(E.D.N.Y. Filed Mar. 8, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8498-

22 

CFTC v Eddy Alexandre, and EminiFX, Inc., No. 

1:22-cv-03822-VEC (S.D.N.Y. Filed May 12, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8527-

22 

CFTC v Sam Ikkurty a/k/a Sreenivas I Rao, 

Ravishankar Avadhanam, and Jafia LLC, No. 1:22-

cv-02465 (N.D. Ill. Filed May 10, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8532-

22 

CFTC v Gemini Trust Company, LLC, No. 1:22-cv04563 (S.D.N.Y. Filed Jun. 2, 2022)https://www.cftc.gov/PressRoom/PressReleases/8540-

22 

CFTC v Cornelius Johannes Steynberg, and Mirror 

Trading International Proprietary Limited, LLC, No. 

1:22-cv-00635 (W.D. Tex. Filed Jun. 30, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8549-

22 

CFTC v Emerson Pires, Flavio Goncalves, Joshua 

Nicholas, and Empires Consulting Corp., No. 1:22-

cv-21997 (S.D. Fla. Filed Jun. 30, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8551-

22 

CFTC v. Rathnakishore Giri, NBD Eidetic Capital, 

LLC and SR Private Equity, LLC, No. 2:22-cv03091-ALM-KAJ (S.D. Ohio Filed Aug. 11, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8572-

22 

In re iFinex Inc., BFXNA Inc., and BFXWW Inc., 

CFTC Docket No. 22-05 (Oct. 15, 2021)

https://www.cftc.gov/PressRoom/PressReleases/8450-

21

In re SprintTrade, CFTC Docket No. 22-25 (Sep. 22, 

2022) 

https://www.cftc.gov/PressRoom/PressReleases/8589-

22 

In re Cryptostockoptionstrade Ltd, CFTC Docket 

No. 22-26 (Sep. 22, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8589-

22 

In re Global Smart Option Broker Ltd, CFTC 

Docket No. 22-27 (Sep. 22, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8589-

22 

In re Hypertradingoption Ltd, CFTC Docket No. 22-

28 (Sep. 22, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8589-

22 

In re Stockbrokertechniques Ltd, CFTC Docket No. 

22-29 (Sep. 22, 2022) 

https://www.cftc.gov/PressRoom/PressReleases/8589-

22 

CFTC v Ooki DAO (formerly d/b/a bZx DAO), No. 

3:22-cv-05416 (N.D. Cal. Filed Sep. 22, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8590-

22 

In re Fintech Investment Group Inc., and Alan 

Friedland, CFTC Docket No. SD 22-01 (Sep. 27, 

2022)

https://www.cftc.gov/PressRoom/PressReleases/8598-

22 

CFTC v Adam Todd, Digitex LLC, Digitex Limited, 

Digitex Software Limited, and Blockster Holdings 

Limited Corporation, No. 1:22-cv-23174 (S.D. Fla. 

Filed Sep. 30, 2022)

https://www.cftc.gov/PressRoom/PressReleases/8605-

22