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  • #27,021
  • Dec 6, 2023 7:42am Dec 6, 2023 7:42am
Quoting CableJ
MFF busts the CFTC repeated lying to the court... The CFTC Continues to Minimize its Conduct and Mislead the Court. The CFTC is still not being forthright with the Court. It is now clear that the CFTC—both lead trial counsel and the lead investigator on this case—submitted a sworn declaration that they both knew to be false when the CFTC filed its complaint and ex parte motion for an SRO. To be clear, the only proven false statements and omissions to date in this alleged fraud case are the false representations and omissions of the CFTC (a) in its...
There has got to be some accountability here. It looks as if this court may be ready to put the CFTC in it's proper place. They literally just do and say whatever they wish? Enough is enough of this ridiculousness.
  • #27,022
  • Dec 6, 2023 7:43am Dec 6, 2023 7:43am
Quoting ladder
{quote} Looks like U.S. government agencies think they can do whatever they want without any consequences.
Oh there are always consequences.....to the people they are impacting with their bullshit.....they just don't care. There is an agenda and they will meet it regardless of who suffers because of it......sound familiar?
  • #27,023
  • Dec 6, 2023 8:09am Dec 6, 2023 8:09am
I wish those of us funded could form a class action for lost income. Of course, past perormance cannot predict future results.....but man I'd love to just destroy these people. Our assets were frozen as well. I would consider a funded account generating profit an asset. They didn't just impact MFF's business, they also impacted all of the MFF funded traders. Response is...."oh well. sorry"
  • #27,024
  • Dec 6, 2023 8:13am Dec 6, 2023 8:13am
Quoting pipmaster77
{quote} There has got to be some accountability here. It looks as if this court may be ready to put the CFTC in it's proper place. They literally just do and say whatever they wish? Enough is enough of this ridiculousness.
MFF also cited...

The government is not immune from Rule 11 sanctions.”); see also Adamson v. Bowen, 855 F.2d 668 (10th Cir. 1988). In fact, just last week, in a case where U.S. Securities and Exchange Commission staff made apparently false statements to obtain an ex parte restraining order and asset freeze, the court issued an order requiring the SEC to show cause why sanctions should not be imposed. See SEC v. Digital Licensing, Inc., No. 2:23-cv-00482-RJS-DBP (D.
Utah Nov. 30, 2023).


Just last week... SMH
  • #27,025
  • Edited 8:28am Dec 6, 2023 8:18am | Edited 8:28am
Quoting pipmaster77
I wish those of us funded could form a class action for lost income. Of course, past perormance cannot predict future results.....but man I'd love to just destroy these people. Our assets were frozen as well. I would consider a funded account generating profit an asset. They didn't just impact MFF's business, they also impacted all of the MFF funded traders. Response is...."oh well. sorry"
If there was no fraudulent & unconstitutional SRO freeze & appointed receiver from the start... everyone gets their payouts in Aug & MFF is still in business. They never would have lost control of their website & servers through the CFTC vs MFF hearing & trial until the CFTC proved & won their case against MFF in court... FU CFTC
  • #27,026
  • Dec 6, 2023 8:19am Dec 6, 2023 8:19am
Quoting pipmaster77
There has got to be some accountability here.
-My hope is that the lacking oversight and accountability that we currently see with these regulatory agencies will eventually lead to their downfall.

As the SEC and CFTC continue to overstep and behave like untouchable bullies, they will be sure to send a very clear message that their activity is likely being driven by some very questionable agenda(s), which will hopefully prompt internal investigations that will lead to restructuring, repurpose and/or dissolution etc..

As far as I can objectively see, people like Gary Gensler and Caroline Pham seem to be nothing but puppets, being used to carry out the agendas of various, unspoken and unseen beneficiaries.
  • #27,027
  • Dec 6, 2023 8:21am Dec 6, 2023 8:21am
Quoting CableJ
{quote} MFF also cited... The government is not immune from Rule 11 sanctions.”); see also Adamson v. Bowen, 855 F.2d 668 (10th Cir. 1988). In fact, just last week, in a case where U.S. Securities and Exchange Commission staff made apparently false statements to obtain an ex parte restraining order and asset freeze, the court issued an order requiring the SEC to show cause why sanctions should not be imposed. See SEC v. Digital Licensing, Inc., No. 2:23-cv-00482-RJS-DBP (D. Utah Nov. 30, 2023). Just last week... SMH
If false statements are proved these people should be sent to jail. That would be the only way of ending impunity and make all the others think twice before lying and fabricating false allegations. MFF is way more honest that the guys accusing them.
  • #27,028
  • Dec 6, 2023 8:29am Dec 6, 2023 8:29am
Quoting Capablanca
If false statements are proved these people should be sent to jail.
-No need to prove. They already admitted it. As far as consequences, it won't be anything near what we would hope for if this is all that we can expect:

Quoting CableJ
Equal apportionment of the temporary receiver’s fees is both reasonable and a legally cognizable remedy here in light of the CFTC’s conduct.
The whole thing is a joke, especially to the CFTC, apparently.
  • #27,029
  • Dec 6, 2023 8:31am Dec 6, 2023 8:31am
Quoting Nsak3y
{quote}-My hope is that the lacking oversight and accountability that we currently see with these regulatory agencies will eventually lead to their downfall. As the SEC and CFTC continue to overstep and behave like untouchable bullies, they will be sure to send a very clear message that their activity is likely being driven by some very questionable agenda(s), which will hopefully prompt internal investigations that will lead to restructuring, repurpose and/or dissolution etc.. As far as I can objectively see, people like Gary Gensler and...
I know this thread is about prop firms. But all I can say is good luck. If you are curious about the destiny of US trading look at current state of Germany. You think we dont live in a globalized world maybe? Well good luck again.
  • #27,030
  • Dec 6, 2023 8:36am Dec 6, 2023 8:36am
Quoting Capablanca
{quote} If false statements are proved these people should be sent to jail. That would be the only way of ending impunity and make all the others think twice before lying and fabricating false allegations. MFF is way more honest that the guys accusing them.
Is this actually news and how it works in this society? Not sure Im following. Its as if this forum for most part think US is some kinda paradise like in 80s etc. But everything has been revealed more or less how the inner structures work. This is why I recommend. Do not bother with giving that court case any energy if you are a sane person. The moment they touched it, its over. People can whine cry. How it works the machine doesnt care about the whining of the few. Just look at France. How the people went in circles there for years walking around like actual "yellow" cattle thinking someone would listen them walking around in a circle. THen some come here think its different in other countries in west. If you trade, how do you manage to not think logical about the situation in the world. But again not part of this thread.

Move on.
  • #27,031
  • Dec 6, 2023 8:48am Dec 6, 2023 8:48am
Quoting montygoldy
{quote} DAY 3 again roller coaster UP DOWN n back 1. Skilled- close to 2% down 2. myff up %5 3. Blueguardian- kinda succker two times went over 5% and came back still at phase 1 {image} {image} {image} {image}
here is the update for day 4 and 5
1. blueguardian passed phase 1 in one day finallyyy its been a sucker for multiple days.
2. myfff phase 2 down 2.3%
3. Skilledfunded phase 2 down 4.5%

Sometimes there is a drawback of not copying trades. If i just copied today blueguadian i would have been positive all over the board. But nevermind will focus on each individually and pass them.
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Extreme gut feeling trader
  • #27,032
  • Dec 6, 2023 8:51am Dec 6, 2023 8:51am
Quoting montygoldy
{quote} here is the update for day 4 and 5 1. blueguardian passed phase 1 in one day finallyyy its been a sucker for multiple days. 2. myfff phase 2 down 2.3% 3. Skilledfunded phase 2 down 4.5% Sometimes there is a drawback of not copying trades. If i just copied today blueguadian i would have been positive all over the board. But nevermind will focus on each individually and pass them. {image} {image} {image} {image}
also forgot to mention 2% gain on alpha 5k freebie phase 1
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Extreme gut feeling trader
  • #27,033
  • Dec 6, 2023 9:57am Dec 6, 2023 9:57am
Quoting CableJ
MFF busts the CFTC repeatedly lying to the court... The CFTC Continues to Minimize its Conduct and Mislead the Court. The CFTC is still not being forthright with the Court. It is now clear that the CFTC—both lead trial counsel and the lead investigator on this case—submitted a sworn declaration that they both knew to be false when the CFTC filed its complaint and ex parte motion for an SRO. To be clear, the only proven false statements and omissions to date in this alleged fraud case are the false representations and omissions of the CFTC (a) in...
Dont forget the link to the article.
https://www.financemagnates.com/fore...ment-too-many/
  • #27,034
  • Dec 6, 2023 10:27am Dec 6, 2023 10:27am
What happen to this guy?


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Trade with confidence, trade without fear.
  • #27,035
  • Dec 6, 2023 10:28am Dec 6, 2023 10:28am
Quoting Takisd
{quote} Dont forget the link to the article. https://www.financemagnates.com/fore...ment-too-many/
MFF's lawyers are attack dogs. They ain't having it by no means.
Trade with confidence, trade without fear.
  • #27,036
  • Dec 6, 2023 10:30am Dec 6, 2023 10:30am
Quoting Cryptosurf
{quote} MFF's lawyers are attack dogs. They ain't having it by no means.
I know. I love it. They aren't intimidated at all, which is what these alphabet agencies expect.
  • #27,037
  • Dec 6, 2023 10:35am Dec 6, 2023 10:35am
Quoting pipmaster77
{quote} I know. I love it. They aren't intimidated at all, which is what these alphabet agencies expect.
So when will be the final verdict?
  • #27,038
  • Dec 6, 2023 10:45am Dec 6, 2023 10:45am
Catching a fraud with fraud. The old fraudian trick ..
  • #27,039
  • Dec 6, 2023 10:57am Dec 6, 2023 10:57am
Quoting Cryptosurf
What happen to this guy? {image}
It was programmed. He said he was going to disactivate the account last Friday, I think, but the account would still be visible. It's a pity that he deleted instead of just suspending it.

He said he was going to post legal or regulatory stuff here without commenting it:
https://twitter.com/epfregnews
  • #27,040
  • Dec 6, 2023 11:01am Dec 6, 2023 11:01am
Quoting Takisd
Catching a fraud with fraud. The old fraudian trick ..
It's more like catching an alleged fraud, which proves not to be a fraud, with a fraud.
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