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. Tanner S. Adam, Jonathan L. Adam, Triten Financial Group, LLC and GCZ Global LLC (ponzi schemes, 2024) SEC 2024-08-30 Ponzi Schemes — unknown
SEC v. Bernardo Mendia-Alcaraz and Toltec Capital LLC (ponzi schemes, 2024) SEC 2024-08-28 Ponzi Schemes — filed
SEC v. Maggie Chen (insider trading, 2024) SEC 2024-08-28 Insider Trading — settled
CFTC v. Swiss Energy Trader (price manipulation, 2024) CFTC 2024-08-27 Price Manipulation $48m judgment
SEC v. Dileep Murthy (insider trading, 2024) SEC 2024-08-26 Insider Trading $88k settled
SEC v. Sound Point Capital Management LLP (insider trading, 2024) SEC 2024-08-26 Insider Trading — settled
SEC v. FlowPoint Partners, LLC and Peter J. DeCaprio (insider trading, 2024) SEC 2024-08-21 Insider Trading $145k judgment
SEC v. Wells Real Estate Investment, LLC, Janalie C. Joseph a/k/a Janalie C. Bingham, and Jean Joseph, et al. (ponzi schemes, 2024) SEC 2024-08-20 Ponzi Schemes , Undisclosed Control Blocks — unknown
CFTC v. Brazilian and Swiss Sugar Companies (wash trading, 2024) CFTC 2024-08-19 Wash Trading $750k judgment
SEC v. Drive Planning, LLC and Russell Todd Burkhalter (ponzi schemes, 2024) SEC 2024-08-14 Ponzi Schemes — unknown
SEC v. Robert Del Prete (insider trading, 2024) SEC 2024-08-13 Insider Trading — judgment
SEC v. Stephen Durland (pump and dump, 2024) SEC 2024-08-13 Pump And Dump — judgment
SEC v. OTC Link LLC (layering, 2024) SEC 2024-08-12 Layering , Spoofing +2 — settled
SEC v. Kevan Casey et al. (pump and dump, 2024) SEC 2024-08-09 Pump And Dump — filed
SEC v. Steven D. Targum et al. (insider trading, 2024) SEC 2024-08-08 Insider Trading $86.8k settled
SEC v. South Bay Acquisitions, LLC, et al. (ponzi schemes, 2024) SEC 2024-07-31 Ponzi Schemes — filed
SEC v. Charles Baugh (insider trading, 2024) SEC 2024-07-30 Insider Trading — judgment
SEC v. Sivannarayana Barama (insider trading, 2024) SEC 2024-07-29 Insider Trading — judgment
CFTC v. Abner Alejandro Tinoco (ponzi schemes, 2024) CFTC 2024-07-26 Ponzi Schemes $18.8m judgment
ASIC v. COFCO International Australia Pty Ltd (marking the close, 2024) ASIC 2024-07-24 Marking The Close , Price Manipulation — unknown
Charges laid in alleged Telegram ‘pump and dump’ conspiracy following ASIC investigation (ASIC, 2024) ASIC 2024-07-23 Chat Group Pumps , Pump And Dump — filed
SEC v. Robert Newell and Black Hawk Funding, Inc. (ponzi schemes, 2024) SEC 2024-07-23 Ponzi Schemes — judgment
SEC v. Ricardi Celicourt and Brisly Guillaume (ponzi schemes, 2024) SEC 2024-07-19 Ponzi Schemes — filed
SEC v. Yossi Engel (ponzi schemes, 2024) SEC 2024-07-19 Ponzi Schemes — judgment
SEC v. Eliyahu Weinstein, Aryeh L. Bromberg, Joel L. Wittels, Richard M. Curry, Christopher J. Anderson, Alaa Mohamed Hattab, and Shlomo Erez (ponzi schemes, 2024) SEC 2024-07-15 Ponzi Schemes — unknown
SEC v. Gene Daniel Levoff (insider trading, 2024) SEC 2024-07-08 Insider Trading $1.1m unknown
CFTC v. Sam Ikkurty (ponzi schemes, 2024) CFTC 2024-07-03 Ponzi Schemes — judgment
CFTC v. Dwight A. Foster (ponzi schemes, 2024) CFTC 2024-07-02 Ponzi Schemes $6m judgment
SEC v. John J. Kralik V, JKV Capital, LLC, and JKV LLC (ponzi schemes, 2024) SEC 2024-07-02 Ponzi Schemes — filed
SEC v. Adrian J. Kawuba (ponzi schemes, 2024) SEC 2024-07-01 Ponzi Schemes — judgment
SEC v. John Brda and Georgios Palikaras (engineered short squeeze, 2024) SEC 2024-06-25 Engineered Short Squeeze — filed
SEC v. Meta Materials, Inc. ( and others (engineered short squeeze, 2024) SEC 2024-06-25 Engineered Short Squeeze , Paid Stock Promotion +1 $1m settled
SEC v. Robert J. Schettino (insider trading, 2024) SEC 2024-06-25 Insider Trading — settled
CFTC v. Trafigura (insider trading, 2024) CFTC 2024-06-17 Insider Trading , Price Manipulation $55m judgment
SEC v. Giguiere et al. (paid stock promotion, 2024) SEC 2024-06-13 Paid Stock Promotion $875k judgment
SEC v. Janusz (John) Zukowski and Jerry Samaras (reverse merger schemes, 2024) SEC 2024-06-13 Reverse Merger Schemes — settled
SEC v. Kerry Lee Broderick (free riding and parking, 2024) SEC 2024-06-12 Free Riding And Parking — settled
SEC v. Mario Gogliormella, Steven Lacaj, and Karim Ibrahim a/k/a/ Chris Hayes (boiler rooms, 2024) SEC 2024-06-12 Boiler Rooms — filed
SEC v. Marc Henry Menard and Laesha Jean-Louis (ponzi schemes, 2024) SEC 2024-06-11 Ponzi Schemes — unknown
SEC v. Daniel Urness (insider trading, 2024) SEC 2024-06-10 Insider Trading — judgment
SEC v. Anders J. Lindgren (insider trading, 2024) SEC 2024-06-06 Insider Trading $682k settled
SEC v. HF Foods Group Inc. (reverse merger schemes, 2024) SEC 2024-06-06 Reverse Merger Schemes — settled
SEC v. Andre Wong (insider trading, 2024) SEC 2024-06-04 Insider Trading — unknown
SEC v. Andreas Bechtolsheim (insider trading, 2024) SEC 2024-06-03 Insider Trading — judgment
SEC v. Gregory P. Manning (insider trading, 2024) SEC 2024-06-03 Insider Trading — judgment
SEC v. Tyler Loudon (insider trading, 2024) SEC 2024-05-31 Insider Trading — judgment
SEC v. Frank Lynold Mercado and Tiger Wolf Capital, LLC (ponzi schemes, 2024) SEC 2024-05-30 Ponzi Schemes — settled
SEC v. Ian Balina (paid stock promotion, 2024) SEC 2024-05-23 Paid Stock Promotion — filed
SEC v. Teresa Perez De Madrid (insider trading, 2024) SEC 2024-05-21 Insider Trading — settled
SEC v. Pedram Abraham Mehrian, Strategic Legacy Investment Group, Inc., and SLIG High-Interest Liquid Savings Company (ponzi schemes, 2024) SEC 2024-05-20 Ponzi Schemes — judgment
SEC v. Nutra Pharma Corp. et al (unregistered distributions, 2024) SEC 2024-05-15 Unregistered Distributions — dismissed
CFTC v. Agridime and Its Co-Founders (ponzi schemes, 2024) CFTC 2024-05-14 Ponzi Schemes — unknown
SEC v. Tyrone Johnny Lacy, Jr. (free riding and parking, 2024) SEC 2024-05-13 Free Riding And Parking — filed
SEC v. Frank T. Poerio, Jr. (insider trading, 2024) SEC 2024-05-10 Insider Trading — judgment
SEC v. C-Bond Systems, Inc. and Scott Silverman (reverse merger schemes, 2024) SEC 2024-05-09 Reverse Merger Schemes $175k settled
SEC v. Gene Daniel Levoff, Esq. (insider trading, 2024) SEC 2024-05-08 Insider Trading — unknown
SEC v. Steven Masterson (insider trading, 2024) SEC 2024-05-06 Insider Trading — settled
SEC v. Ahmed Alomari and MCM Consulting (paid stock promotion, 2024) SEC 2024-05-03 Paid Stock Promotion — filed
SEC v. John M. Moretz (insider trading, 2024) SEC 2024-05-03 Insider Trading — settled
SEC v. Sanjay Bhandari, Vinod Singhi, Rakesh Jain (insider trading, 2024) SEC 2024-04-30 Insider Trading $73.5k settled
CFTC v. Darren Robinson (ponzi schemes, 2024) CFTC 2024-04-26 Ponzi Schemes $5.9m judgment
SEC v. Kevin Crotty (insider trading, 2024) SEC 2024-04-26 Insider Trading — judgment
ASIC v. Henry Eng Chye Heng (insider trading, 2024) ASIC 2024-04-22 Insider Trading — unknown
CFTC v. Eshaq M. Nawabi (ponzi schemes, 2024) CFTC 2024-04-15 Ponzi Schemes $4.5m judgment
SEC v. George Stubos, et al. (paid stock promotion, 2024) SEC 2024-04-15 Paid Stock Promotion — judgment
SEC v. Gil Friedman (insider trading, 2024) SEC 2024-04-15 Insider Trading — judgment
CFTC v. Shak (banging the close, 2024) CFTC 2024-04-11 Banging The Close , Spoofing $750k settled
SEC v. Zachary J. Horwitz (ponzi schemes, 2024) SEC 2024-04-11 Ponzi Schemes — judgment
SEC v. Anthony Manna (insider trading, 2024) SEC 2024-04-09 Insider Trading — judgment
SEC v. Joseph Young (insider trading, 2024) SEC 2024-04-09 Insider Trading — settled
SEC v. Michael Sapraicone (insider trading, 2024) SEC 2024-04-09 Insider Trading — settled
SEC v. Matthew Panuwat (insider trading, 2024) SEC 2024-04-08 Insider Trading — unknown
SEC v. Eduardo Hernandez et al. (free riding and parking, 2024) SEC 2024-04-04 Free Riding And Parking — filed
SEC v. ClearPath Wealth Management, LLC and Patrick Churchville (ponzi schemes, 2024) SEC 2024-04-03 Ponzi Schemes — judgment
SEC v. Jason Nielsen (spoofing, 2024) SEC 2024-04-03 Spoofing — judgment
SEC v. Ronald Heineman (price manipulation, 2024) SEC 2024-04-03 Price Manipulation — judgment
SEC v. Senvest Management, LLC (insider trading, 2024) SEC 2024-04-03 Insider Trading — filed
CFTC v. Australian Swap Dealer (spoofing, 2024) CFTC 2024-04-02 Spoofing $500k judgment
SEC v. Travis Treusch (free riding and parking, 2024) SEC 2024-04-02 Free Riding And Parking — settled
SEC v. Matthew Nicosia, William Reininger, Fabrizio Di Carlo, and Ronald Touchard (paid stock promotion, 2024) SEC 2024-03-28 Paid Stock Promotion $100k judgment
Third person pleads guilty in relation to Courtenay House Ponzi scheme (ASIC, 2024) ASIC 2024-03-19 Ponzi Schemes — filed
SEC v. Ismael Zarco Sanchez, et al. (ponzi schemes, 2024) SEC 2024-03-14 Ponzi Schemes — judgment
SEC v. Roy M. Cook and others (insider trading, 2024) SEC 2024-03-12 Insider Trading — settled
SEC v. Ishan Wahi et al. (insider listing trading, 2024) SEC 2024-03-11 Insider Listing Trading , Insider Trading — judgment
SEC v. Hemant Agrawal (insider trading, 2024) SEC 2024-03-04 Insider Trading — settled
SEC v. Lordstown Motors Corp. (paid stock promotion, 2024) SEC 2024-02-29 Paid Stock Promotion — settled
SEC v. Harmel S. Rayat, RenovaCare, Inc., Jatinder Bhogal (pump and dump, 2024) SEC 2024-02-27 Pump And Dump — judgment
SEC v. Andrew M. Komarow (free riding and parking, 2024) SEC 2024-02-20 Free Riding And Parking — settled
SEC v. Christian Fernandez (paid stock promotion, 2024) SEC 2024-02-20 Paid Stock Promotion — settled
SEC v. Rafael Vargas (ponzi schemes, 2024) SEC 2024-02-15 Ponzi Schemes — judgment
SEC v. John Feloni et al. (ponzi schemes, 2024) SEC 2024-02-12 Ponzi Schemes $223k judgment
SEC v. TradeStation Crypto, Inc. (unregistered distributions, 2024) SEC 2024-02-07 Unregistered Distributions — settled
Court declares Westpac engaged in unconscionable conduct for interest rate swap, maximum penalty applied (ASIC, 2024) ASIC 2024-01-31 Insider Trading — judgment
ASIC v. Cameron Waugh (insider trading, 2024) ASIC 2024-01-24 Insider Trading — unknown
SEC v. Tian "Tony" Tian (insider trading, 2024) SEC 2024-01-22 Insider Trading $72.1k settled
SEC v. J. Jeremy Barbera, et. al. (paid stock promotion, 2024) SEC 2024-01-18 Paid Stock Promotion $100k judgment
SEC v. Prosperity, Investments & Lending, LLC (paid stock promotion, 2024) SEC 2024-01-18 Paid Stock Promotion , Ponzi Schemes — settled
CFTC v. a Trader (wash trading, 2024) CFTC 2024-01-16 Wash Trading — filed
SEC v. Jonathan Farber, Aarif Jamani, Brian Keasberry (paid stock promotion, 2024) SEC 2024-01-16 Paid Stock Promotion , Pump And Dump — filed
SEC v. Morgan Stanley & Co. LLC (insider trading, 2024) SEC 2024-01-12 Insider Trading — unknown