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Brief
On December 11, 2024, the Commodity Futures Trading Commission announced that a U.S. District Court for the Western District of North Carolina issued an order against Storm Bryant and Elijah Bryant III, and their companies, requiring them to pay $5.3 million for operating a fraudulent foreign currency scheme. The court permanently banned the defendants from trading in CFTC-regulated markets and required them to pay restitution and a civil monetary penalty.
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