July 8, 2026
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.