CFTC Charges Commodity Pool Operator in Alleged $14.8 Million Fraud Involving Crypto Assets
WASHINGTON, July 7, 2026 — The Commodity Futures Trading Commission has filed a federal complaint against Trevor L. Vernon and Argent Capital Management LLC, alleging they fraudulently solicited and accepted at least $14.8 million from more than 60 participants into a commodity pool that traded equity index futures, options on equity index futures and crypto assets.