A whistleblower received an $8 million award from the Commodity Futures Trading Commission (CFTC) for uncovering fraud—even though the agency deemed the whistleblower was culpable in the misconduct.

“Based on the whistleblower’s involvement in the underlying conduct, the whistleblower provided extremely valuable insider information at a critical time during the investigations,” said Brian Young, CFTC whistleblower office director, in a Monday press release.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...