Regulators Bring First Enforcement Actions Against Carbon Credit Fraud

October 4, 2024
Officials who regulate financial derivatives are bringing their first enforcement actions to penalize fraud related to voluntary carbon credits, offering another indication that regulators are seeking to bolster the integrity of such credits and offsets. The enforcement actions, announced Oct. 2 by the Commodity Futures Trading Commission (CFTC), concern the carbon credit project developer known as C-Quest as well as top former executives. CFTC in a pair of orders announced a settlement with C-Quest and the company’s former chief operating...


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