Market Manipulation. Search

Market manipulation enforcement actions filed in 2024

This library records 182 market manipulation enforcement actions filed in 2024, brought by CFTC, SEC.

Counts by year reflect when an action was filed or announced, not when the underlying conduct occurred — those are often years apart. Compare across years with care: a single multi-defendant sweep can dominate a year's count.

Actions
100
Total penalties
$209m
Median penalty
$175k
Largest
$111m
Criminal parallel
22%
Action Agency Filed Technique Penalty Status
SEC v. Dale B. Chappell, et al. (insider trading, 2024) SEC 2024-12-31 Insider Trading unknown
SEC v. Silver Point Capital, L.P. (insider trading, 2024) SEC 2024-12-20 Insider Trading filed
SEC v. Tai Mo Shan Limited (unregistered distributions, 2024) SEC 2024-12-20 Unregistered Distributions settled
SEC v. Curt L Dewitz (insider trading, 2024) SEC 2024-12-19 Insider Trading judgment
SEC v. Ronald Bauer et al. (pump and dump, 2024) SEC 2024-12-19 Pump And Dump judgment
SEC v. Ken Peterman (insider trading, 2024) SEC 2024-12-18 Insider Trading unknown
SEC v. Sai-Hong Ignatius Ou (insider trading, 2024) SEC 2024-12-18 Insider Trading $1.5m judgment
SEC v. David Chong Kyi (insider trading, 2024) SEC 2024-12-17 Insider Trading $125k settled
SEC v. Allen Y. Hsu, Esq. (ponzi schemes, 2024) SEC 2024-12-13 Ponzi Schemes $233k judgment
SEC v. Zachary Stevenson (spoofing, 2024) SEC 2024-12-13 Spoofing $150k settled
CFTC v. Storm Bryant (ponzi schemes, 2024) CFTC 2024-12-11 Ponzi Schemes $3.9m judgment
SEC v. Frederick Tayton Dencer, et al. (ponzi schemes, 2024) SEC 2024-12-11 Ponzi Schemes filed
SEC v. John S. Clayton and others (insider trading, 2024) SEC 2024-12-11 Insider Trading , Paid Stock Promotion filed
CFTC v. Washington State Pastor (ponzi schemes, 2024) CFTC 2024-12-10 Ponzi Schemes unknown
SEC v. David C. Underwood (unregistered distributions, 2024) SEC 2024-12-09 Unregistered Distributions $50k settled
SEC v. Marc J. Toomey (unregistered distributions, 2024) SEC 2024-12-09 Unregistered Distributions $50k settled
SEC v. Stephen R. Bishop (unregistered distributions, 2024) SEC 2024-12-09 Unregistered Distributions settled
SEC v. Jordan Qsar, Grant Witherspoon, Austin Bernard, and Chase Lambert (insider trading, 2024) SEC 2024-12-05 Insider Trading judgment
CFTC v. FTX (exchange wash trading, 2024) CFTC 2024-12-04 Exchange Wash Trading , Insider Trading +3 judgment
SEC v. Dow Rockwell LLC and Richard Dow Rockwell (ponzi schemes, 2024) SEC 2024-12-03 Ponzi Schemes judgment
SEC v. Lightspeed Financial Services Group LLC (layering, 2024) SEC 2024-11-22 Layering , Wash Trading settled
SEC v. Paulson Investment Company LLC (wash trading, 2024) SEC 2024-11-22 Wash Trading settled
SEC v. Webull Financial LLC (insider trading, 2024) SEC 2024-11-22 Insider Trading settled
SEC v. unnamed respondents (boiler rooms, 2024) SEC 2024-11-20 Boiler Rooms dismissed
SEC v. Robert Brian Thompson (insider trading, 2024) SEC 2024-11-19 Insider Trading judgment
SEC v. Epic Capital Wealth Advisors, LLC (unregistered distributions, 2024) SEC 2024-11-08 Unregistered Distributions judgment
SEC v. Carlos Sacanell (insider trading, 2024) SEC 2024-10-31 Insider Trading filed
SEC v. Dusan Varga and Pannon Investment Advisors LLC (ponzi schemes, 2024) SEC 2024-10-31 Ponzi Schemes judgment
CFTC v. two Louisiana-Based Companies and Cofounder (ponzi schemes, 2024) CFTC 2024-10-28 Ponzi Schemes filed
CFTC v. Yueyu Bao (wash trading, 2024) CFTC 2024-10-24 Wash Trading $260k judgment
SEC v. Morrie Tobin et al. (reverse merger schemes, 2024) SEC 2024-10-18 Reverse Merger Schemes $230k judgment
SEC v. Ruimin Xie (insider trading, 2024) SEC 2024-10-17 Insider Trading $59.4k settled
SEC v. Umapathi Kakkera (insider trading, 2024) SEC 2024-10-17 Insider Trading settled
SEC v. Baris Cabalar (churning, 2024) SEC 2024-10-16 Churning unknown
CFTC v. Several People and Companies (ponzi schemes, 2024) CFTC 2024-10-15 Ponzi Schemes unknown
SEC v. Destiny Robotics Corp., et al. (paid stock promotion, 2024) SEC 2024-10-15 Paid Stock Promotion settled
SEC v. Gotbit Consulting LLC a/k/a Gotbit Hedge Fund and Fedor Kedrov (wash trading, 2024) SEC 2024-10-15 Wash Trading unknown
SEC v. Matthew Groom (insider trading, 2024) SEC 2024-10-15 Insider Trading $12.9k settled
SEC v. ZM Quant Investment Ltd., Baijun Ou a/k/a Eric Ou, and Ruiqi Lau a/k/a Ricky Liu (wash trading, 2024) SEC 2024-10-15 Wash Trading unknown
SEC v. Minerco, Inc., Bobby Shumake Japhia, and Julius Makiri Jenge (custodianship shell hijacking, 2024) SEC 2024-10-09 Custodianship Shell Hijacking , Pump And Dump filed
CFTC v. Taiwanese Firm (wash trading, 2024) CFTC 2024-10-01 Wash Trading $200k judgment
SEC v. Barry Siegel (insider trading, 2024) SEC 2024-10-01 Insider Trading $113k judgment
SEC v. Marathon Asset Management, LP (insider trading, 2024) SEC 2024-09-30 Insider Trading settled
SEC v. TD Securities (USA) LLC (cash vs derivatives schemes, 2024) SEC 2024-09-30 Cash Vs Derivatives Schemes , Spoofing unknown
SEC v. Austin Kauh (insider trading, 2024) SEC 2024-09-27 Insider Trading settled
SEC v. Bryan Scott McMillan (insider trading, 2024) SEC 2024-09-27 Insider Trading unknown
SEC v. Eric Hannelius (insider trading, 2024) SEC 2024-09-27 Insider Trading settled
SEC v. Mango Labs, LLC, Mango DAO, and Blockworks Foundation (unregistered distributions, 2024) SEC 2024-09-27 Unregistered Distributions settled
SEC v. Marco Babini, et al. (paid stock promotion, 2024) SEC 2024-09-27 Paid Stock Promotion judgment
SEC v. Robert B. Westbrook (insider trading, 2024) SEC 2024-09-27 Insider Trading judgment
SEC v. Bhardwaj et al. (insider trading, 2024) SEC 2024-09-26 Insider Trading judgment
SEC v. Karina N. Fernandez and others (ponzi schemes, 2024) SEC 2024-09-26 Ponzi Schemes settled
CFTC v. Rudy Avila (ponzi schemes, 2024) CFTC 2024-09-25 Ponzi Schemes $1.5m judgment
CFTC v. Texas Associated Person (insider trading, 2024) CFTC 2024-09-25 Insider Trading judgment
SEC v. Adage Capital Management, L.P. (undisclosed control blocks, 2024) SEC 2024-09-25 Undisclosed Control Blocks settled
SEC v. Alphabet Inc. (undisclosed control blocks, 2024) SEC 2024-09-25 Undisclosed Control Blocks settled
SEC v. David L. Kanen (undisclosed control blocks, 2024) SEC 2024-09-25 Undisclosed Control Blocks settled
SEC v. Essex Woodlands Management, Inc. (undisclosed control blocks, 2024) SEC 2024-09-25 Undisclosed Control Blocks settled
SEC v. Oaktree Capital Management, L.P. (undisclosed control blocks, 2024) SEC 2024-09-25 Undisclosed Control Blocks settled
SEC v. The Bank of Nova Scotia (undisclosed control blocks, 2024) SEC 2024-09-25 Undisclosed Control Blocks settled
SEC v. The Goldman Sachs Group, Inc. (undisclosed control blocks, 2024) SEC 2024-09-25 Undisclosed Control Blocks settled
SEC v. Eric J. Watson et al. (insider trading, 2024) SEC 2024-09-24 Insider Trading judgment
SEC v. WM Technology, Inc. (paid stock promotion, 2024) SEC 2024-09-24 Paid Stock Promotion settled
SEC v. Benjamin Ballout, Mohamed Zayed, and William Fielding (pump and dump, 2024) SEC 2024-09-23 Pump And Dump judgment
SEC v. DiScala et al., (pump and dump, 2024) SEC 2024-09-20 Pump And Dump , Reverse Merger Schemes judgment
SEC v. Keith D. Beekmeyer and Andrew M. Bye (reverse merger schemes, 2024) SEC 2024-09-20 Reverse Merger Schemes settled
SEC v. Philip Markin (insider trading, 2024) SEC 2024-09-19 Insider Trading judgment
SEC v. Rari Capital Infrastructure LLC (unregistered distributions, 2024) SEC 2024-09-18 Unregistered Distributions settled
SEC v. Joel David Castro Leon and Shmuel A. Sherr (spoofing, 2024) SEC 2024-09-17 Spoofing $125k judgment
SEC v. NanoBit Limited, Radiant Horizons Limited, Sweet Karma Fashion Inc., Zhao Tropical Deli Inc., Jiajie Liu, Fei Liao, and Hua Zhao (chat group pumps, 2024) SEC 2024-09-17 Chat Group Pumps filed
SEC v. Federico Nannini, Mauro Nannini, Alejandro Thermiotis, and Francisco Tonarely (insider trading, 2024) SEC 2024-09-16 Insider Trading filed
SEC v. Flyfish Club, LLC (chat group pumps, 2024) SEC 2024-09-16 Chat Group Pumps , Unregistered Distributions $750k settled
CFTC v. Unregistered Florida Commodity Pool Operator and Its Chief Executive Officer (ponzi schemes, 2024) CFTC 2024-09-12 Ponzi Schemes filed
SEC v. Anthony Guarino (boiler rooms, 2024) SEC 2024-09-12 Boiler Rooms settled
SEC v. Dishant Gupta (insider trading, 2024) SEC 2024-09-10 Insider Trading settled
SEC v. Hunter Haithcock a/k/a Hunter Elliott and Hunter Allen (ponzi schemes, 2024) SEC 2024-09-09 Ponzi Schemes unknown
SEC v. James M. Phillips (insider trading, 2024) SEC 2024-09-09 Insider Trading settled
SEC v. Stephen Forlano (insider trading, 2024) SEC 2024-09-09 Insider Trading $18.2k settled
SEC v. Esmark Inc. and James P. Bouchard (reverse merger schemes, 2024) SEC 2024-09-06 Reverse Merger Schemes settled
CFTC v. Sam Ikkurty (ponzi schemes, 2024) CFTC 2024-09-03 Ponzi Schemes $111m judgment
SEC v. Chanon Gordon (ponzi schemes, 2024) SEC 2024-09-03 Ponzi Schemes settled
SEC v. Drew Morgan Ciccarelli (pump and dump, 2024) SEC 2024-08-30 Pump And Dump judgment
SEC v. Nutra Pharma Corporation, et al. (unregistered distributions, 2024) SEC 2024-08-30 Unregistered Distributions judgment
SEC v. Shaohua (Michael) Yin, et al. (insider trading, 2024) SEC 2024-08-30 Insider Trading $39.5m judgment
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