#argent capital management

The post Bitcoin-Linked Fund Founder Trevor Vernon Charged in $14M CFTC Fraud Case appeared on BitcoinEthereumNews.com. Crypto News Bitcoin (BTC) exposure sat at the center of a fresh federal fraud case this week, as the Commodity Futures Trading Commission sued Trevor L. Vernon and his firm, Argent Capital Management, over an alleged $14 million scheme. The regulator filed its complaint in the U.S. District Court for the Western District of North Carolina, accusing the defendants of concealing heavy trading losses while assuring clients their balances kept climbing. The pool traded stock index futures, options and crypto assets, mixing traditional derivatives with digital tokens including Bitcoin and smaller altcoins. Our reading of the filing places the misconduct across nearly four years, a lengthy runway for an alleged deception of this scale. The official filing states the conduct ran from at least March 2022 through February 2026, during which the defendants raised money from no

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