#argent capital

The post CFTC sues crypto pool operator over alleged $14M fraud appeared on BitcoinEthereumNews.com. The CFTC has sued a North Carolina man and his company over an alleged commodity pool fraud tied to crypto and futures trading. Summary CFTC says Argent Capital solicited $14.8 million while hiding losses from at least 60 investors. The complaint links Bitcoin, Ether, futures, options, false statements, registration failures, and alleged misused funds. The case lands as CFTC faces wider questions over crypto oversight, resources, and derivatives rules. In a July 7 press release, the Commodity Futures Trading Commission said it filed a civil enforcement action against Trevor Vernon and Argent Capital Management LLC. The agency said the pool traded equity index futures, options on equity index futures, Bitcoin, Ether, and other crypto assets. The complaint says Vernon and Argent Capital solicited more than $14 million from at least 60 participants from March 2022 to February 2026. The CFT

CFTC sues Trevor Vernon and Argent Capital over alleged $14M crypto pool fraud involving Bitcoin, Ether, futures, and investor funds misuse.

The post Regulatory Whirlwind: CFTC Targets Argent Capital in Major Fraud Case appeared on BitcoinEthereumNews.com. The United States Commodity Futures Trading Commission (CFTC) has initiated a federal lawsuit against Trevor Vernon and his company, Argent Capital Management, accusing them of executing a fraudulent scheme that cost investors $14.8 million. This unprecedented case points to a wider regulatory scrutiny of crypto-related activities by national agencies. Continue Reading:Regulatory Whirlwind: CFTC Targets Argent Capital in Major Fraud Case Source: https://en.bitcoinhaber.net/regulatory-whirlwind-cftc-targets-argent-capital-in-major-fraud-case

The post Argent Capital Founder Faces CFTC Charges Over Alleged $14 Million Fraud appeared on BitcoinEthereumNews.com. The Commodity Futures Trading Commission (CFTC) has sued Trevor L. Vernon and his firm, Argent Capital Management, over an alleged $14 million fraud involving a commodity pool that traded stock index futures, options, and crypto assets. The agency filed its complaint in the US District Court for the Western District of North Carolina. It accuses the two defendants of hiding heavy losses while telling investors their money kept growing. Inside the Alleged Crypto Fraud Scheme The complaint covers conduct from at least March 2022 through February 2026. Across that span, the defendants raised money from at least 60 participants, according to the filing. Vernon marketed himself as a skilled trader and claimed the pool was highly profitable. In reality, his trades resulted in steady and substantial losses, the CFTC alleges. The defendants sent monthly emails and quarterly up