The Commodity Futures Trading Commission (CFTC) today announced Judge Samuel A. Lindsay of the U.S. District Court for the Northern District of Texas entered multiple orders and a judgment against Rudy Avila; L.I.F.T. Group LLC (LIFT), Trading Ventures Group (TVG), Capital Ventures Group, LLC, (CVG), and Ventures Group, LLC ( VGL), all U.S. companies; and CIG Internacional Sociedad Anónima (CIG) and Trading Technologies Group Sociedad Anónima (TTG), both Costa Rican companies, requiring monetary relief totalling over $10.5 million.
The orders and judgment resolve the CFTC’s enforcement action against these defendants filed September 14, 2021.
Judge Lindsay entered a memorandum and order on August 1, 2024, a clarification…
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