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CFTC bars two former FTX and Alameda Research executives from trading for five years

8/19/2026

The Commodity Futures Trading Commission has imposed five-year trading bans on two former FTX and Alameda Research executives, closing its enforcement action through consent orders.

FTX and Alameda had agreed to $12.7 billion in disgorgement and restitution payments in August 2024, and those orders now complete the regulatory case on the personal-restriction side as well.

Five years off any regulated market is a meaningful restriction.

The consent orders layer the trading prohibition onto the monetary settlement locked in last year, drawing a line under the CFTC's pursuit of the two executives specifically.

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