CFTC awards whistleblower $8M despite involvement in misconduct

Whistle

A whistleblower received an $8 million award from the Commodity Futures Trading Commission (CFTC) for uncovering fraud—even though the agency deemed the whistleblower was culpable in the misconduct.

“Based on the whistleblower’s involvement in the underlying conduct, the whistleblower provided extremely valuable insider information at a critical time during the investigations,” said Brian Young, CFTC whistleblower office director, in a Monday press release.

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