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
Victorian man sentenced in market manipulation case (ASIC, 2025) ASIC 2025-12-12 Insider Trading , Price Manipulation +1 — judgment
SEC v. Andrew Scott Corbman (paid stock promotion, 2025) SEC 2025-12-03 Paid Stock Promotion — judgment
SEC v. Virtu Financial, Inc. and Virtu Americas LLC (insider trading, 2025) SEC 2025-12-03 Insider Trading $2.5m judgment
SEC v. Solomon Lichtenstein (ponzi schemes, 2025) SEC 2025-11-26 Ponzi Schemes — filed
SEC v. M Holdings Securities, Inc. (spoofing, 2025) SEC 2025-11-25 Spoofing — settled
SEC v. Linh Thuy Le and Trong Hoang Luu (ponzi schemes, 2025) SEC 2025-11-19 Ponzi Schemes — filed
SEC v. Marco G. Santarelli (ponzi schemes, 2025) SEC 2025-11-19 Ponzi Schemes — judgment
SEC v. Anthony Viggiano, CPA (insider trading, 2025) SEC 2025-11-18 Insider Trading — judgment
SEC v. Cyrus P. Naderi (free riding and parking, 2025) SEC 2025-11-18 Free Riding And Parking $40k judgment
OSC v. Ontario Securities Commission v Jessica Tam (insider trading, 2025) OSC 2025-10-22 Insider Trading — judgment
FCA v. Neil Sedgwick Dwane (insider trading, 2025) FCA 2025-10-13 Insider Trading — unknown
Victorian man sentenced in Cann Group insider trading case (ASIC, 2025) ASIC 2025-10-06 Insider Trading — unknown
SEC v. Agridime, LLC, Jed Wood, and Joshua Link (ponzi schemes, 2025) SEC 2025-09-30 Ponzi Schemes $236k judgment
SEC v. Taino Adrian Lopez, Alexander Farhang Mehr, and Maya Rose Burkenroad (ponzi schemes, 2025) SEC 2025-09-25 Ponzi Schemes — filed
SEC v. Arthur P. Pizzello. Jr. and Robert Quattrocchi (insider trading, 2025) SEC 2025-09-23 Insider Trading — judgment
OSC v. Ontario Securities Commission v Huy Le Huynh and Thi Anh Nguyet Pham (insider trading, 2025) OSC 2025-09-23 Insider Trading — unknown
SEC v. Aaron O'Brian Freeman (free riding and parking, 2025) SEC 2025-09-22 Free Riding And Parking — filed
SEC v. Pathyam Patel (ponzi schemes, 2025) SEC 2025-09-22 Ponzi Schemes — judgment
CFTC v. Shinhan Securities Co. Ltd. (wash trading, 2025) CFTC 2025-09-17 Wash Trading $213k judgment
SEC v. Justin R. Kimbrough and Prosperity Consultants, LLC (ponzi schemes, 2025) SEC 2025-09-17 Ponzi Schemes — judgment
Melbourne man sentenced in Kidman Resources insider trading case (ASIC, 2025) ASIC 2025-09-15 Insider Trading — unknown
SEC v. Allen C. Giltman (spoofing, 2025) SEC 2025-09-12 Spoofing — judgment
CFTC v. Brett Falloon (spoofing, 2025) CFTC 2025-09-09 Spoofing $200k judgment
SEC v. Henry Paul Regan, Jr. (ponzi schemes, 2025) SEC 2025-09-09 Ponzi Schemes — filed
SEC v. Arsalan Rawjani and others (ponzi schemes, 2025) SEC 2025-09-08 Ponzi Schemes — unknown
SEC v. Austin D. Ellison-Meade (ponzi schemes, 2025) SEC 2025-09-05 Ponzi Schemes — judgment
SEC v. Calvin Guess and others (ponzi schemes, 2025) SEC 2025-09-05 Ponzi Schemes $236k judgment
SEC v. FibroGen, Inc. (paid stock promotion, 2025) SEC 2025-09-05 Paid Stock Promotion — settled
SEC v. Ryan Squillante (insider trading, 2025) SEC 2025-09-05 Insider Trading — settled
SEC v. Daryl F. Heller and others (ponzi schemes, 2025) SEC 2025-09-03 Ponzi Schemes — filed
SEC v. David J. Minson (insider trading, 2025) SEC 2025-08-22 Insider Trading — settled
SEC v. Rouzbeh “Ross” Haghighat and others (insider trading, 2025) SEC 2025-08-22 Insider Trading — filed
SEC v. Justin Chen and Jun Zhen (insider trading, 2025) SEC 2025-08-21 Insider Trading — judgment
SEC v. Stock Purse Trading LLC and others (ponzi schemes, 2025) SEC 2025-08-21 Ponzi Schemes — settled
SEC v. Brent Cranmer and others (insider trading, 2025) SEC 2025-08-18 Insider Trading — unknown
SEC v. Robert Alan Yedid, Andrew Kaufman, Mark Jacobs (insider trading, 2025) SEC 2025-08-18 Insider Trading — settled
SEC v. Wendy Swensen (ponzi schemes, 2025) SEC 2025-08-18 Ponzi Schemes — judgment
SEC v. Ryan R. Wear and others (ponzi schemes, 2025) SEC 2025-08-15 Ponzi Schemes — filed
Charges laid in Platinum Asset Management insider trading case (ASIC, 2025) ASIC 2025-08-12 Insider Trading — filed
SEC v. Bruce Cameron Conway (insider trading, 2025) SEC 2025-08-11 Insider Trading — unknown
SEC v. Ryan N. Cole (spoofing, 2025) SEC 2025-08-11 Spoofing — judgment
SEC v. Doron A. Tavlin, Afshin Farahan, and David Gantman (insider trading, 2025) SEC 2025-08-06 Insider Trading — judgment
SEC v. Anthony Finale (insider trading, 2025) SEC 2025-08-01 Insider Trading — settled
SEC v. Vincent Barbuto (insider trading, 2025) SEC 2025-08-01 Insider Trading $19.9k settled
SEC v. Dishant Gupta (insider trading, 2025) SEC 2025-07-30 Insider Trading — judgment
SEC v. Jose D. Rocha (ponzi schemes, 2025) SEC 2025-07-30 Ponzi Schemes — judgment
FCA v. Jean-Noël Yves Alba (chat group pumps, 2025) FCA 2025-07-22 Chat Group Pumps — unknown
SEC v. Brian M. Kashman (insider trading, 2025) SEC 2025-07-22 Insider Trading — judgment
SEC v. Edwin Brant Frost IV and First Liberty Building & Loan LLC (ponzi schemes, 2025) SEC 2025-07-22 Ponzi Schemes — settled
SEC v. Edwin Emmett Lickiss, Jr. (ponzi schemes, 2025) SEC 2025-07-22 Ponzi Schemes — filed
SEC v. Robert Brian Thompson (insider trading, 2025) SEC 2025-07-21 Insider Trading — judgment
SEC v. Suyun Gu, et al. (wash trading, 2025) SEC 2025-07-21 Wash Trading — judgment
SEC v. Eric J. Watson (insider trading, 2025) SEC 2025-07-15 Insider Trading — dismissed
SEC v. Diana Mae Fernandez (paid stock promotion, 2025) SEC 2025-07-11 Paid Stock Promotion , Ponzi Schemes — judgment
SEC v. Trijya Vakil and Neeraj Visen (insider trading, 2025) SEC 2025-07-11 Insider Trading — judgment
SEC v. William A. Justice, Keith A. Rosenbaum, Brian D. Shibley, and Randell R. Torno (pump and dump, 2025) SEC 2025-07-10 Pump And Dump — judgment
SEC v. Eduardo Hernandez (free riding and parking, 2025) SEC 2025-07-03 Free Riding And Parking — judgment
ASIC v. Delta Power (price manipulation, 2025) ASIC 2025-06-30 Price Manipulation — unknown
SEC v. Benjamin Ballout and Mohamed Zayed (pump and dump, 2025) SEC 2025-06-20 Pump And Dump $461k judgment
SEC v. Ongkaruck Sripetch, et al. (pump and dump, 2025) SEC 2025-06-20 Pump And Dump , Unregistered Distributions — dismissed
SEC v. Peter Scalise III and The3rdBevco Inc. (unregistered distributions, 2025) SEC 2025-06-17 Unregistered Distributions $236k judgment
CFTC v. Agridime LLC (ponzi schemes, 2025) CFTC 2025-06-16 Ponzi Schemes $100m judgment
ASIC secures guilty pleas in Telegram ‘pump and dump’ action (2025) ASIC 2025-06-10 Chat Group Pumps , Pump And Dump — unknown
SEC v. Jack Brewer (insider trading, 2025) SEC 2025-06-10 Insider Trading — filed
SEC v. Medallion Financial Corp., Andrew Murstein, Lawrence Meyers, and Ichabod’s Cranium, Inc. (paid stock promotion, 2025) SEC 2025-06-06 Paid Stock Promotion $3m judgment
SEC v. Kronus Financial Corporation, Finser International Corporation, Andrew H. Jacobus (ponzi schemes, 2025) SEC 2025-05-29 Ponzi Schemes — filed
SEC v. Christopher Aubin and others (ponzi schemes, 2025) SEC 2025-05-27 Ponzi Schemes — filed
SEC v. Joel J. Natario and Jefferson Scott Baker (ponzi schemes, 2025) SEC 2025-05-23 Ponzi Schemes — unknown
SEC v. Kenneth Mattson and Relief Defendant KS Mattson Partners LP (ponzi schemes, 2025) SEC 2025-05-23 Ponzi Schemes — filed
ASIC v. Darryl Mapleson (insider trading, 2025) ASIC 2025-05-16 Insider Trading — unknown
SEC v. Kenneth W. Alexander II and others (ponzi schemes, 2025) SEC 2025-05-02 Ponzi Schemes — filed
SEC v. Jenni Yoon Jeong Lee (a/k/a Jenni Lee Or Yoon Jeong Lee) and Evergreen Property Developments LLC (ponzi schemes, 2025) SEC 2025-04-30 Ponzi Schemes — unknown
SEC v. Ramil Ventura Palafox (ponzi schemes, 2025) SEC 2025-04-29 Ponzi Schemes — filed
SEC v. Marshall E. Melton and Integrated Consulting & Management, LLC (paid stock promotion, 2025) SEC 2025-04-24 Paid Stock Promotion — unknown
SEC v. Saeid Jaberian (pump and dump, 2025) SEC 2025-04-17 Pump And Dump — unknown
SEC v. Milan V. Patel (false rumors, 2025) SEC 2025-04-11 False Rumors — judgment
SEC v. Emergent BioSolutions, Inc. (paid stock promotion, 2025) SEC 2025-04-07 Paid Stock Promotion — settled
OSC v. Ontario Securities Commission v Blockratize Inc. and Adventure One QSS Inc. (chat group pumps, 2025) OSC 2025-04-01 Chat Group Pumps — judgment
Victorian man charged over alleged market manipulation (ASIC, 2025) ASIC 2025-03-14 Price Manipulation , Wash Trading — filed
SEC v. Eamma Safi and Zhi Ge a/k/a Josh Ge (insider trading, 2025) SEC 2025-03-14 Insider Trading — unknown
SEC v. Ronald Pallek (ponzi schemes, 2025) SEC 2025-03-11 Ponzi Schemes — filed
SEC v. George N. Demos (insider trading, 2025) SEC 2025-03-10 Insider Trading — settled
Antonio Stella indicted on insider trading charges (ASIC, 2025) ASIC 2025-03-06 Insider Trading — unknown
SEC v. Rey D. Acosta (free riding and parking, 2025) SEC 2025-03-06 Free Riding And Parking $15k judgment
SEC v. Jeffrey Suchecki (insider trading, 2025) SEC 2025-03-04 Insider Trading $64.6k settled
SEC v. Robert Allen Stanford and others (ponzi schemes, 2025) SEC 2025-02-24 Ponzi Schemes $5.9bn judgment
SEC v. Thurman P. Bryant, III and others (ponzi schemes, 2025) SEC 2025-02-20 Ponzi Schemes — judgment
SEC v. Charlie Jinan Chen (insider trading, 2025) SEC 2025-02-13 Insider Trading — judgment
CFTC v. Rashawn Russell (ponzi schemes, 2025) CFTC 2025-02-10 Ponzi Schemes $1.5m judgment
SEC v. Anthony Marsico and others (insider trading, 2025) SEC 2025-02-10 Insider Trading — settled
SEC v. Airborne Wireless Network and others (pump and dump, 2025) SEC 2025-02-07 Pump And Dump , Undisclosed Control Blocks — judgment
SEC v. Frank T. Poerio, Jr. (insider trading, 2025) SEC 2025-02-06 Insider Trading — judgment
SEC v. Andre Wong (insider trading, 2025) SEC 2025-02-04 Insider Trading — judgment
CFTC v. Roberto Pulido (paid stock promotion, 2025) CFTC 2025-01-27 Paid Stock Promotion $685k judgment
SEC v. John A. Heropoulos (insider trading, 2025) SEC 2025-01-24 Insider Trading — settled
SEC v. Kenneth G. Miccio (insider trading, 2025) SEC 2025-01-24 Insider Trading $10k settled
SEC v. Gabriel Rebeiz (insider trading, 2025) SEC 2025-01-22 Insider Trading $361k judgment
SEC v. Karina N. Fernandez (ponzi schemes, 2025) SEC 2025-01-21 Ponzi Schemes — settled
SEC v. Barry A. Ruffalo (insider trading, 2025) SEC 2025-01-17 Insider Trading — settled
SEC v. Investview, Inc. (unregistered distributions, 2025) SEC 2025-01-17 Unregistered Distributions — settled