Today, the Commodity Futures Trading Commission (CFTC or Commission) filed a Complaint in the U.S. District Court for the Central District of California against David Carmona (a/k/a/ David Segundo Carmona a/k/a Wuilver Segundo) (Carmona), Juan Arellano Parra (Arellano), Moses Valdez (Valdez), David Brend (Brend), and Marco A. Ruiz Ochoa (Ruiz) (together, Defendants), charging the Defendants with defrauding more than 170 individuals—a group of predominantly Spanish-speaking investors—out of hundreds of thousands of dollars. According to their marketing materials, Defendants operated a digital asset commodity trading ... (full story)