Release Number 8675-23

Customer Alert Regarding CFTC v. Brisco

March 14, 2023

Washington, D.C. – The Commodity Futures Trading Commission’s Division of Enforcement today alerts customers on how to respond to a civil enforcement action it filed on January 30 against Marcus Todd Brisco and others. Customers should complete the Confidential Customer Survey or email inquiries regarding this case to [email protected].

The complaint was filed in the U.S. District Court for the Southern District of Texas, charging fraud and misappropriation against defendants Marcus Todd Brisco, Yas Castellum LLC, Yas Castellum Financial LLC, Tin Quoc Tran, Francisco Story, Fredirick Safranko a/k/a Ted Safranko, SAEG Capital General Management LP, and Michael Shannon Sims. [Civil Action No. 23-cv-00336] [See CFTC Press Release No. 8665-23]

In its continuing litigation, the CFTC seeks full restitution to defrauded pool participants, disgorgement of any ill-gotten gains, civil monetary penalties, permanent trading and registration bans, and a permanent injunction against further violations of the Commodity Exchange Act and CFTC regulations, as charged.