Market Manipulation. Search

Market manipulation case library

This library records 2,117 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
2,117
Total penalties
$15.4bn
Median penalty
$258k
Agencies
2
Techniques
36

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 608 Ponzi schemes 532 Paid stock promotion 219 Unregistered distributions 136 Pump and dump 121 Undisclosed control blocks 119 Spoofing 114 Wash trading 90 Price manipulation 72 Boiler rooms 71 Reverse merger schemes 66 The naked short selling debate 41 Benchmark submission rigging 32 Matched orders 24 Churning 19 Free riding and parking 18 Fake press releases 16 Layering 15 Newsletter scalping 15 Marking the close 10 Cash versus derivatives schemes 10 Front running 9 Shell factories 8 Chat group pumps 6 False rumours 5 Custodianship shell hijacking 5 Settlement price manipulation 4 Exchange wash trading 3 Banging the close 3 FX fixing 3 Engineered short squeeze 2 Marking the open 1 Rug pulls 1 Insider listing trading 1 Oracle manipulation 1 Float locking 1

By agency

CFTC 349 SEC 1768

By year filed

2026 85 2025 103 2024 182 2023 202 2022 174 2021 142 2020 178 2019 181 2018 221 2017 210 2016 179 2015 205 2014 27 2013 28

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. 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
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
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
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
SEC v. Pawan Kumar Passi (insider trading, 2024) SEC 2024-01-12 Insider Trading — settled
SEC v. David Schottenstein, Kris Bortnovsky, Ryan Shapiro, Sakal Capital Management, LLC, and Sakal U.S. Fund, LLC (insider trading, 2024) SEC 2024-01-11 Insider Trading — judgment
SEC v. Carnovale, et al. (paid stock promotion, 2024) SEC 2024-01-03 Paid Stock Promotion — judgment
SEC v. Gannon Giguiere (insider trading, 2024) SEC 2024-01-03 Insider Trading — judgment
SEC v. Diana Mae Fernandez (ponzi schemes, 2023) SEC 2023-12-28 Ponzi Schemes — filed
SEC v. BarnBridge DAO (chat group pumps, 2023) SEC 2023-12-22 Chat Group Pumps — settled
SEC v. Tyler Ward and Troy Murray (chat group pumps, 2023) SEC 2023-12-22 Chat Group Pumps — settled
SEC v. Agridime LLC, Joshua Link, and Jed Wood (ponzi schemes, 2023) SEC 2023-12-18 Ponzi Schemes — unknown
SEC v. Dozy Mmobuosi, et al. (insider trading, 2023) SEC 2023-12-18 Insider Trading — filed
SEC v. Titanium Capital LLC and others (ponzi schemes, 2023) SEC 2023-12-18 Ponzi Schemes — filed
CFTC v. Freepoint Commodities LLC (insider trading, 2023) CFTC 2023-12-14 Insider Trading $91m judgment
SEC v. Andrew M. Komarow (free riding and parking, 2023) SEC 2023-12-08 Free Riding And Parking — judgment
SEC v. Raymond J. Pirrello, Jr., et al. (insider trading, 2023) SEC 2023-12-07 Insider Trading — filed
SEC v. Marc E. Wexler (price manipulation, 2023) SEC 2023-12-05 Price Manipulation , Pump And Dump — judgment
SEC v. Andrew DeFrancesco, Marlio Mauricio Diaz Cardona, Carlos Felipe Rezk, Nicola Faukovic, and Catherine DeFrancesco (pump and dump, 2023) SEC 2023-11-29 Pump And Dump $223k judgment
SEC v. Joseph M. Dupont et al. (insider trading, 2023) SEC 2023-11-28 Insider Trading — judgment
CFTC v. Lim (paid stock promotion, 2023) CFTC 2023-11-21 Paid Stock Promotion $1.5m judgment
SEC v. unnamed respondents (unregistered distributions, 2023) SEC 2023-11-21 Unregistered Distributions — filed
SEC v. Laidlaw and Company (UK) Ltd. (churning, 2023) SEC 2023-11-20 Churning $223k settled
CFTC v. Chicago-based Phillip Galles (ponzi schemes, 2023) CFTC 2023-11-15 Ponzi Schemes $20m judgment
SEC v. Matthew Melton (ponzi schemes, 2023) SEC 2023-11-15 Ponzi Schemes — filed
SEC v. Charter Communications, Inc. (insider trading, 2023) SEC 2023-11-14 Insider Trading — settled
SEC v. John A. Masanotti, Jr. and Middlesex Mortgage Group, LLC (ponzi schemes, 2023) SEC 2023-11-09 Ponzi Schemes — filed
CFTC v. HSBC Bank USA (cash vs derivatives schemes, 2023) CFTC 2023-11-07 Cash Vs Derivatives Schemes , Insider Trading +2 $1.7bn filed
SEC v. SafeMoon LLC, SafeMoon US LLC, Kyle Nagy, Braden John Karony, Thomas Glenn Smith (wash trading, 2023) SEC 2023-11-01 Wash Trading — filed
SEC v. Joseph Conlan (insider trading, 2023) SEC 2023-10-30 Insider Trading — settled
SEC v. Bruce Schoengood, Medifirst Solutions, Inc., and Joshua Tyrell (paid stock promotion, 2023) SEC 2023-10-27 Paid Stock Promotion — judgment
SEC v. BlackRock Advisors, LLC (benchmark submission rigging, 2023) SEC 2023-10-24 Benchmark Submission Rigging — settled
CFTC v. Minnesota Grain Merchandiser (price manipulation, 2023) CFTC 2023-10-23 Price Manipulation $3m judgment
SEC v. Brian Marc Rubin (insider trading, 2023) SEC 2023-10-17 Insider Trading — judgment
SEC v. Matthew M. Motil, et al. (ponzi schemes, 2023) SEC 2023-10-04 Ponzi Schemes — filed
SEC v. Zera Financial LLC (ponzi schemes, 2023) SEC 2023-10-03 Ponzi Schemes — unknown
CFTC v. Florida Man and His Company (paid stock promotion, 2023) CFTC 2023-09-29 Paid Stock Promotion — filed
SEC v. Bin Hao and Qidian LLC (ponzi schemes, 2023) SEC 2023-09-29 Ponzi Schemes — filed