SEC v. Anton Senderov, et al. (boiler rooms, 2019)

Settled

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On August 27, 2020 the Eastern District of Washington entered final consent judgments against binary options operators Anton Senderov and Lior Babazara, who neither admitted nor denied the SEC's claims. They agreed to pay $560,000 in disgorgement and interest jointly, plus $350,000 in penalty each, and accepted injunctions including a ban on selling binary options in the United States.

The record

What was ordered

Civil penalty

$700k

Disgorgement

$560k

Prejudgment interest

—

Total relief

$1.3m

Alleged gain

—

A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars.

What is alleged to have happened

the Securities and Exchange Commission announced this matter on October 10, 2019 as litigation release 24641. The respondents named are Anton Senderov and Lior Babazara (also known as Lior Bar), in a complaint filed in the Eastern District of Washington. The SEC alleges they controlled two online binary options brokers, LBinary and Ivory Option, and LianTech Finance Marketing, Ltd., which ran an Israeli call center. Call center staff allegedly persuaded investors to open accounts and deposit large sums, lied about their backgrounds, and falsely said the brokers earned money only if investors did, when the brokers profited from investor losses. Most investors lost money, and withdrawals were largely refused. The claims are Securities Act Section 5 violations and control person liability under Exchange Act Section 20(a).

The release treats binary options as securities and the call center as a boiler room, but it does not say the calls were unsolicited, so this tag is the weaker kind: a call center selling a trading product rather than operator-held stock.

This library tags the matter as boiler rooms, based on the conduct the document describes. The tagging is ours, not the regulator's: agencies charge statutory provisions, not technique names.

Outcome. Litigation release 24879 (August 31, 2020) says the court entered final consent judgments on August 27, 2020. The two agreed to be jointly and severally responsible for $560,000 in disgorgement and prejudgment interest combined, and to pay a $350,000 civil penalty each (stored here as $700,000 in total). They consented to injunctions covering the registration and antifraud provisions and to a prohibition on selling binary options in the United States. The release describes the conduct only as allegations and does not report any court finding or any bar beyond those injunctions.

What technique is this, and how does it work?

This action is tagged with one technique in our taxonomy. The tagging is ours: regulators charge statutory provisions, not technique names, so the mapping is an editorial judgement described in our editorial policy.

• Boiler rooms — see how it works, what statute it engages, and every other action tagged the same way.

Timeline

1. 2019-10-10 Litigation release published
2. 2020-08-27 Final consent judgments entered against Senderov and Babazara

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

• SEC litigation release
• SEC litigation release 24879 (final judgments)

The linked release is a work of the United States government and is not subject to copyright. Our summary and narrative above are our own writing.

Related actions

Other actions in the library sharing at least one technique tag with this one.

Record added September 10, 2026. submit a correction.