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CFTC Accuses Fund Manager of Hiding Crypto and Futures Losses Behind Fake Investor Returns
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CFTC Accuses Fund Manager of Hiding Crypto and Futures Losses Behind Fake Investor Returns

The Commodity Futures Trading Commission filed a civil complaint on July 7, 2026, accusing a North Carolina fund manager of concealing more than $8. 6 million in crypto and futures trading losses by sending fabricated performance reports to investors who had entrusted him with at least $14.

By Olivia Stephanie4 min readJuly 8, 2026
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