Cherry-Picking Cases: SEC, CFTC, DOJ Enforcement and Defense

Two cherry-picking cases were filed in the past four weeks, following a 2024 indictment of a chief investment officer and a 2023 criminal case against a commodity pool operator trading crypto futures. Former DOJ Fraud Section supervisors analyze what the SEC, CFTC, and DOJ plead in every case, the charges each agency brings, how the cases reach securities, futures, and crypto, and how the data, the documents, and the cooperating witnesses are contested at trial.