CFTC Orders Ex-Voyager CEO to Pay $750,000, Banned from Commodity Trades for 3 Years

Monday, Sep 15, 2025 4:48 pm ET1min read

The CFTC has ordered Stephen Ehrlich, the former CEO of bankrupt crypto lender Voyager Digital Ltd, to pay $750,000 to jilted Voyager customers. Ehrlich is also banned from entering commodity trades for three years. The CFTC alleged that Ehrlich and Voyager operated a fraudulent digital asset trading and custody platform, misleading customers about the firm's safety. Ehrlich previously settled with the FTC for $2.8 million.

CFTC Orders Ex-Voyager CEO to Pay $750,000, Banned from Commodity Trades for 3 Years

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