We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Commodity Futures Trading Commission v. McDonnell et al

Track this case

Case overview

Case Number:

1:18-cv-00361

Court:

New York Eastern

Nature of Suit:

Securities/Commodities

28:1345 USA Plaintiff

Judge:

Jack B. Weinstein

Firms

Companies

Government Agencies

Sectors & Industries:

  1. October 3, 2018

    CFTC Official Lauds Ruling Putting Crypto Under Its Purview

    An official at the U.S. Commodity Futures Trading Commission on Wednesday praised a Massachusetts federal court decision in a fraud case that bolsters the agency’s ability to prosecute cryptocurrency fraud.

  2. August 23, 2018

    CFTC Prevails In Cryptocurrency Fraud Enforcement Action

    A New York federal judge on Thursday ruled in favor of the Commodity Futures Trading Commission in its fraud suit accusing cryptocurrency trading advice company CabbageTech Corp. and its principal Patrick McDonnell of defrauding customers, ordering them to pay over $1.1 million and to refrain from any future trading in virtual currencies.

  3. July 30, 2018

    CFTC Seeks $3.2M Judgment In Fraud Suit Against Crypto Co.

    The Commodity Futures Trading Commission has moved to wrap up its fraud suit over cryptocurrency trading advice company CabbageTech Corp., asking Friday for a more than $3.2 million final judgment from a Brooklyn federal judge who previously ruled in the case that the agency can regulate cryptocurrencies as commodities.

  4. March 7, 2018

    CFTC's Cryptocurrency Authority Backed By Fraud Suit Judge

    A New York federal judge ruled Tuesday that cryptocurrencies can be regulated by the Commodity Futures Trading Commission as commodities, rejecting a fraud defendant's argument that he and his cryptocurrency trading advice company are outside the commodities watchdog’s jurisdiction.

  5. February 20, 2018

    Digital Currency Co. Says CFTC's Suit Is Political

    A digital currency consultant has asked a New York federal judge to toss a federal regulator's suit accusing him and his company of scamming customers looking to invest in bitcoin and other virtual currencies, arguing that the "trumped-up" dispute is being driven by politics and not the law. 

  6. January 19, 2018

    CFTC Accuses NY Firm, Owner Of Virtual Currency Scam

    The U.S. Commodity Futures Trading Commission sued a Staten Island man and his company CabbageTech Corp. in New York federal court Thursday, accusing them of making off with funds they scammed from customers in exchange for advice on trading in virtual currencies such as bitcoin and Litecoin.