CFTC Seeks Bar on Alleged Spoofer Oystacher in 3Red Case

Updated on
  • Regulator claims he cheated on multiple commodity exchanges
  • Agency ramps up spoofing lawsuit after U.S. wins first trial

The U.S. Commodity Futures Trading Commission asked a judge to bar Chicago-based trader Igor Oystacher from the markets for the duration of a spoofing lawsuit in which he and his firm, 3Red Trading LLC, are accused of cheating on some of the world’s biggest futures exchanges.

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