CFTC Encourages Victims of Traders Domain to Provide Information

The U.S. Commodity Futures Trading Commission (CFTC) is calling on victims of Traders Domain to participate in a voluntary confidential customer survey to provide information for the CFTC's lawsuit against Traders Domain FX Ltd.

The CFTC said the regulator will use the information provided by the victims to learn about the case and identify potential witnesses. The regulator may also make further contact with the victim to discuss the details.

The Commission may disclose the provided information to related parties involved in the litigation.

The CFTC emphasizes that participation in this survey is voluntary and that choosing not to provide information or providing only partial information will not have a direct impact on individuals.

However, the information provided must be truthful. The intentional submission of false or fraudulent statements may bring fines or imprisonment.

On the survey page, the Commission stated, “The more information you provide, the easier it will be to trace your funds.”

In addition to basic information, the CFTC asked about the situation of trading accounts, trade amounts, and withdrawals in Traders Domain.

Last month, the CFTC charged Traders Domain FX Ltd, along with other entities and individuals, with using a Ponzi scheme to defraud more than $283 million from more than 2,000 victims.

The CFTC has added The Traders Domain to its “RED List” in 2022.