{"id":626000,"date":"2026-07-08T03:52:50","date_gmt":"2026-07-08T03:52:50","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/08\/cftc-charges-commodity-crypto-pool-operator-with-14m-fraud\/"},"modified":"2026-07-08T03:52:50","modified_gmt":"2026-07-08T03:52:50","slug":"cftc-charges-commodity-crypto-pool-operator-with-14m-fraud","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/08\/cftc-charges-commodity-crypto-pool-operator-with-14m-fraud\/","title":{"rendered":"CFTC charges commodity, crypto pool operator with $14M fraud"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/paper-document-man-office-cftc.jpg\" alt=\"CFTC charges commodity, crypto pool operator with $14M fraud\" class=\"type:primaryImage\" \/><\/p>\n<p>The CFTC has launched a rare crypto-related enforcement action against a commodity pool operator that allegedly defrauded investors of more than $14 million.<\/p>\n<p>The US Commodity Futures Trading Commission has sued a North Carolina man, accusing him of operating a commodity pool featuring crypto that defrauded investors of more than $14 million.<\/p>\n<p>The CFTC\u2019s <a href=\"https:\/\/www.cftc.gov\/PressRoom\/PressReleases\/9264-26\">lawsuit,<\/a> filed in federal court on Tuesday, alleged that Trevor Vernon and his company, Argent Capital Management, operated a commodity pool featuring equity index futures, options on equity index futures and crypto.<\/p>\n<p>The agency alleged that from March 2022 to February 2026, Vernon solicited $14.8 million from at least 60 investors and falsely claimed he was a successful trader, even though his trading actually \u201cresulted in consistent and catastrophic losses\u201d for the pool\u2019s investors.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/cftc-charges-commodity-crypto-pool-operator-with-14m-fraud\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The CFTC has launched a rare crypto-related enforcement action against a commodity pool operator that allegedly defrauded investors of more than $14 million. The US Commodity Futures Trading Commission has sued a North Carolina man, accusing him of operating a commodity pool featuring crypto that defrauded investors of more than $14 million. The CFTC\u2019s lawsuit, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":626001,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-626000","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/626000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=626000"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/626000\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/626001"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=626000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=626000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=626000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}