Market Manipulation. Search

Market manipulation case library

This library records 2,348 market manipulation enforcement actions brought by financial regulators, each with the agency, the date, the alleged technique, the monetary relief ordered and a link to the regulator's own filing. The whole dataset is downloadable as JSON.

Actions
2,348
Total penalties
$15.4bn
Median penalty
$255k
Agencies
5
Techniques
37

Browse by facet

Every facet below is a real page with its own URL, so it works without JavaScript and can be linked, bookmarked and cited.

By technique

Insider trading 709 Ponzi schemes 568 Paid stock promotion 222 Unregistered distributions 137 Pump and dump 128 Price manipulation 124 Spoofing 120 Undisclosed control blocks 120 Wash trading 108 Boiler rooms 75 Reverse merger schemes 66 Benchmark submission rigging 53 The naked short selling debate 43 Matched orders 38 Churning 21 Layering 19 Free riding and parking 18 Fake press releases 16 Cash versus derivatives schemes 15 Newsletter scalping 15 Marking the close 13 Front running 12 Chat group pumps 11 FX fixing 11 Shell factories 8 False rumours 5 Custodianship shell hijacking 5 Settlement price manipulation 4 Exchange wash trading 3 Banging the close 3 Engineered short squeeze 2 Marking the open 1 Rug pulls 1 Insider listing trading 1 Oracle manipulation 1 Float locking 1 Dilution death spirals 1

By agency

ASIC 112 CFTC 347 FCA 47 OSC 71 SEC 1771

By year filed

2026 91 2025 120 2024 193 2023 223 2022 188 2021 159 2020 200 2019 192 2018 244 2017 228 2016 194 2015 229 2014 44 2013 43

Ranked lists: largest penalties · largest spoofing penalties · longest sentences · most-charged individuals · biggest crypto cases · most active courts

All actions, newest first

Action Agency Filed Technique Penalty Status
SEC v. Zorayr Mikael Manukyan-Zakaryan (insider trading, 2021) SEC 2021-08-10 Insider Trading — settled
SEC v. Leonard R. Barr (insider trading, 2021) SEC 2021-08-09 Insider Trading — judgment
SEC v. Blockchain Credit Partners d/b/a DeFi Money Market and Gregory Keough and Derek Acree (undisclosed control blocks, 2021) SEC 2021-08-06 Undisclosed Control Blocks — settled
SEC v. Virland A. Johnson (paid stock promotion, 2021) SEC 2021-08-03 Paid Stock Promotion — filed
SEC v. George Heckler (ponzi schemes, 2021) SEC 2021-07-28 Ponzi Schemes — filed
SEC v. Alan L. Alexander (insider trading, 2021) SEC 2021-07-23 Insider Trading — settled
SEC v. Charlie Abujudeh (paid stock promotion, 2021) SEC 2021-07-22 Paid Stock Promotion , Pump And Dump — unknown
SEC v. Outdoor Capital Partners, LLC (ponzi schemes, 2021) SEC 2021-07-22 Ponzi Schemes — unknown
OSC v. Jiubin Feng and CIM International Group Inc. (ponzi schemes, 2021) OSC 2021-07-21 Ponzi Schemes — judgment
SEC v. Profit Connect Wealth Services, Inc., Joy I. Kovar, and Brent C. Kovar (ponzi schemes, 2021) SEC 2021-07-20 Ponzi Schemes — unknown
SEC v. Blotics Ltd. f/d/b/a Coinschedule Ltd. (paid stock promotion, 2021) SEC 2021-07-14 Paid Stock Promotion — settled
SEC v. Chancey and Paul L. Jr., CPA (wash trading, 2021) SEC 2021-07-13 Wash Trading $1.5m judgment
SEC v. Jonathan Mimun a/k/a Jonathan Maymon and Ronn BenHarav (boiler rooms, 2021) SEC 2021-07-13 Boiler Rooms — unknown
Melbourne man charged with multiple counts of market manipulation (ASIC, 2021) ASIC 2021-07-02 Price Manipulation — filed
ASIC v. Avrohom Kimelman (insider trading, 2021) ASIC 2021-07-01 Insider Trading , Price Manipulation — unknown
SEC v. Contrarian Press, LLC, Scott S. Fraser, and Nathan Yeung (paid stock promotion, 2021) SEC 2021-07-01 Paid Stock Promotion — dismissed
SEC v. Mounir N. Gad (insider trading, 2021) SEC 2021-06-30 Insider Trading $51.7k settled
SEC v. Nathan E. Guido (insider trading, 2021) SEC 2021-06-30 Insider Trading — settled
SEC v. Reuben Robert Goldman and Two Triangle Consulting Group, LLC d/b/a Goldman Small Cap Research (paid stock promotion, 2021) SEC 2021-06-30 Paid Stock Promotion — settled
SEC v. Ron Phillips (matched orders, 2021) SEC 2021-06-30 Matched Orders $30k judgment
SEC v. Matthew J. Skinner, et al. (ponzi schemes, 2021) SEC 2021-06-29 Ponzi Schemes — filed
SEC v. Nathaniel Brown, Benjamin Wylam, Naveen Sood, Marcus Bannon, Matthew Rauch, and Naresh Ramaiya (insider trading, 2021) SEC 2021-06-25 Insider Trading $281k judgment
SEC v. Wang (insider trading, 2021) SEC 2021-06-25 Insider Trading $50k judgment
SEC v. Mark A. Miller (fake press releases, 2021) SEC 2021-06-21 Fake Press Releases , Pump And Dump — unknown
CFTC v. Former Energy Broker and Its Owner (wash trading, 2021) CFTC 2021-06-15 Wash Trading — judgment
SEC v. Robert Joseph Armijo, et al. (ponzi schemes, 2021) SEC 2021-06-15 Ponzi Schemes — filed
CFTC v. Zhao (spoofing, 2021) CFTC 2021-06-11 Spoofing — settled
SEC v. The Estate of Kenneth J. Casey (ponzi schemes, 2021) SEC 2021-06-02 Ponzi Schemes — filed
CFTC v. Chicago Commodity Pool Operators (paid stock promotion, 2021) CFTC 2021-05-27 Paid Stock Promotion $150k judgment
SEC v. Mohammed A. Bari (insider trading, 2021) SEC 2021-05-27 Insider Trading — settled
SEC v. Kai Christian Petersen, et al. (boiler rooms, 2021) SEC 2021-05-25 Boiler Rooms $100k judgment
Former executive of Healthe Care Australia pleads guilty to insider trading (ASIC, 2021) ASIC 2021-05-21 Insider Trading — dismissed
Insider trading charges against both the former Project Manager and the former Competent Person of ASX-listed gold explorer (ASIC, 2021) ASIC 2021-05-21 Insider Trading — filed
SEC v. BTIG, LLC (naked short selling debate, 2021) SEC 2021-05-20 Naked Short Selling Debate — filed
SEC v. LFS Funding Limited Partnership, et al. (undisclosed control blocks, 2021) SEC 2021-05-20 Undisclosed Control Blocks — settled
Former CFO sentenced for market manipulation and fraud offences (ASIC, 2021) ASIC 2021-05-18 Price Manipulation — filed
CFTC v. Connecticut Firm (matched orders, 2021) CFTC 2021-05-18 Matched Orders , Wash Trading $500k judgment
CFTC v. Cipolla (ponzi schemes, 2021) CFTC 2021-05-14 Ponzi Schemes $5m judgment
SEC v. Peter J. Decaprio (undisclosed control blocks, 2021) SEC 2021-05-10 Undisclosed Control Blocks — settled
SEC v. David N. Osegueda, et al. (pump and dump, 2021) SEC 2021-05-07 Pump And Dump $400k judgment
CFTC v. Aaron Michael Scott (ponzi schemes, 2021) CFTC 2021-04-27 Ponzi Schemes $1.3m judgment
SEC v. Jonathan P. Maroney, Et. Al (ponzi schemes, 2021) SEC 2021-04-27 Ponzi Schemes — unknown
SEC v. Gregory Altieri (ponzi schemes, 2021) SEC 2021-04-23 Ponzi Schemes — judgment
SEC v. Amit Tandon, Esq. (paid stock promotion, 2021) SEC 2021-04-22 Paid Stock Promotion — judgment
SEC v. Ubong Uboh and Tyler Crockett (pump and dump, 2021) SEC 2021-04-22 Pump And Dump — filed
SEC v. Edward J. Kosinski (insider trading, 2021) SEC 2021-04-21 Insider Trading — judgment
SEC v. Morrie Tobin et al. (paid stock promotion, 2021) SEC 2021-04-19 Paid Stock Promotion — judgment
CFTC v. unnamed respondents (ponzi schemes, 2021) CFTC 2021-04-08 Ponzi Schemes $32m judgment
CFTC v. Douglas Lien (ponzi schemes, 2021) CFTC 2021-04-08 Ponzi Schemes $5.2m judgment
SEC v. Zachary J. Horwitz, et al. (ponzi schemes, 2021) SEC 2021-04-08 Ponzi Schemes — unknown
CFTC v. Former Fuel Oil Trader (price manipulation, 2021) CFTC 2021-03-25 Price Manipulation $100k judgment
SEC v. Jason P. Wootten, et al. (ponzi schemes, 2021) SEC 2021-03-23 Ponzi Schemes — filed
CFTC v. Coinbase Inc. (exchange wash trading, 2021) CFTC 2021-03-19 Exchange Wash Trading , Matched Orders +1 $6.5m judgment
SEC v. Seth P. Levine (ponzi schemes, 2021) SEC 2021-03-19 Ponzi Schemes — settled
ASIC v. Benjamin Heath Cooper (price manipulation, 2021) ASIC 2021-03-17 Price Manipulation — filed
SEC v. Shawn C. Cutting (paid stock promotion, 2021) SEC 2021-03-11 Paid Stock Promotion , Ponzi Schemes — unknown
CFTC v. Two Individuals (paid stock promotion, 2021) CFTC 2021-03-05 Paid Stock Promotion , Pump And Dump — filed
SEC v. AT&T, Inc., et al. (insider trading, 2021) SEC 2021-03-05 Insider Trading — filed
FCA v. Adrian Geoffrey Horn (wash trading, 2021) FCA 2021-03-03 Wash Trading — unknown
SEC v. EarthSource Minerals International, LLC et al. (ponzi schemes, 2021) SEC 2021-03-02 Ponzi Schemes $125k settled
SEC v. Bruce Schoengood, Medifirst Solutions, Inc. and Joshua Tyrell (paid stock promotion, 2021) SEC 2021-02-24 Paid Stock Promotion — filed
CFTC v. Eibschutz (insider trading, 2021) CFTC 2021-02-23 Insider Trading $75k settled
SEC v. James T. Booth (ponzi schemes, 2021) SEC 2021-02-22 Ponzi Schemes — judgment
Corporate finance director sentenced for conspiring to manipulate market (ASIC, 2021) ASIC 2021-02-10 Price Manipulation — unknown
SEC v. Isaiah L. Goodman (ponzi schemes, 2021) SEC 2021-02-09 Ponzi Schemes — filed
SEC v. Rosedale Asset Management, LLC and Princeton Advisory Wealth Management, LLC (undisclosed control blocks, 2021) SEC 2021-02-05 Undisclosed Control Blocks — settled
SEC v. CR Intrinsic Investors, et al. (insider trading, 2021) SEC 2021-02-03 Insider Trading — judgment
SEC v. Vuuzle Media Corp., Ronald Shane Flynn, and Richard Marchitto (boiler rooms, 2021) SEC 2021-01-27 Boiler Rooms — filed
CFTC v. New York Man (ponzi schemes, 2021) CFTC 2021-01-26 Ponzi Schemes — filed
SEC v. William Andrew Stack, Esq. (undisclosed control blocks, 2021) SEC 2021-01-21 Undisclosed Control Blocks , Unregistered Distributions — filed
SEC v. Abhi Batra a/k/a Abhimanyu Batra (free riding and parking, 2021) SEC 2021-01-19 Free Riding And Parking — unknown
SEC v. Jacob C. Glick (ponzi schemes, 2021) SEC 2021-01-19 Ponzi Schemes — filed
SEC v. Advance Practice Advisors, LLC and Paul C. Spitzer (insider trading, 2021) SEC 2021-01-14 Insider Trading — settled
OSC v. Marilyn Dianne Stuart (ponzi schemes, 2021) OSC 2021-01-13 Ponzi Schemes — filed
SEC v. DeAndre P. Sears et al. (ponzi schemes, 2020) SEC 2020-12-31 Ponzi Schemes — settled
SEC v. Anthony Thompson, Jr., et al. (paid stock promotion, 2020) SEC 2020-12-30 Paid Stock Promotion , Pump And Dump — judgment
SEC v. Gregory Altieri (ponzi schemes, 2020) SEC 2020-12-30 Ponzi Schemes — filed
SEC v. Jason Peltz (insider trading, 2020) SEC 2020-12-29 Insider Trading — filed
CFTC v. Mark N. Pyatt (ponzi schemes, 2020) CFTC 2020-12-22 Ponzi Schemes $255k judgment
SEC v. Cormark Securities Inc. (naked short selling debate, 2020) SEC 2020-12-21 Naked Short Selling Debate — settled
SEC v. ITG Canada Corp. and Virtu ITG Canada Corp. (naked short selling debate, 2020) SEC 2020-12-21 Naked Short Selling Debate — settled
SEC v. Barton S. Ross (false rumors, 2020) SEC 2020-12-18 False Rumors — settled
SEC v. Laksha Bohra (insider trading, 2020) SEC 2020-12-17 Insider Trading — judgment
SEC v. Mancera (wash trading, 2020) SEC 2020-12-17 Wash Trading — judgment
SEC v. Ronald Phillips, Esq. (matched orders, 2020) SEC 2020-12-17 Matched Orders — judgment
FCA v. Corrado Abbattista (layering, 2020) FCA 2020-12-15 Layering , Price Manipulation +1 — unknown
SEC v. Roland M. Mathys (insider trading, 2020) SEC 2020-12-15 Insider Trading $9.9m unknown
SEC v. Christopher Clark and William Wright (insider trading, 2020) SEC 2020-12-11 Insider Trading — filed
SEC v. J. Jeremy Barbera, Carl Smith, and Nanobeak Biotech Inc. (paid stock promotion, 2020) SEC 2020-12-09 Paid Stock Promotion — judgment
CFTC v. Vitol Inc. (price manipulation, 2020) CFTC 2020-12-03 Price Manipulation $95.7m judgment
CFTC v. unnamed respondents (spoofing, 2020) CFTC 2020-12-01 Spoofing — unknown
SEC v. Mark Alan Lisser a/k/a Mark Alan a/k/a Mark Allen (boiler rooms, 2020) SEC 2020-12-01 Boiler Rooms — filed
SEC v. Garrett M. O'Rourke and Michael J. Black (pump and dump, 2020) SEC 2020-11-30 Pump And Dump — judgment
SEC v. Rumbaugh et al (ponzi schemes, 2020) SEC 2020-11-24 Ponzi Schemes — judgment
OSC v. Trevor Rosborough and others (insider trading, 2020) OSC 2020-11-17 Insider Trading — dismissed
SEC v. American Portfolios Financial Services, Inc. and American Portfolios Advisors, Inc. (churning, 2020) SEC 2020-11-13 Churning — settled
SEC v. Douglas A. Roth (insider trading, 2020) SEC 2020-11-09 Insider Trading — filed
SEC v. Ieremenko et al. (insider trading, 2020) SEC 2020-11-05 Insider Trading $175k judgment
SEC v. Michael J. Pires (insider trading, 2020) SEC 2020-11-05 Insider Trading $18.6k settled
CFTC v. unnamed respondents (paid stock promotion, 2020) CFTC 2020-11-04 Paid Stock Promotion , Ponzi Schemes $450k judgment