Home / Cases / 2026 Market manipulation enforcement actions filed in 2026 This library records 85 market manipulation enforcement actions filed in 2026, 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 85
Total penalties $17m
Median penalty $157k
Largest $14m
Criminal parallel 45% Action Agency Filed Technique Penalty Status SEC v. Mark D. Hanf and Hoai-Nam Chu Phan a/k/a Nam Phan (ponzi schemes, 2026) SEC 2026-09-04 Ponzi Schemes — settled SEC v. Trijya Vakil and Neeraj Visen (insider trading, 2026) SEC 2026-09-04 Insider Trading — judgment SEC v. Corey Ortiz (free riding and parking, 2026) SEC 2026-09-03 Free Riding And Parking — judgment SEC v. David T. Gilchrist, Christopher Aaron Novinger, Rebecca Novinger (ponzi schemes, 2026) SEC 2026-09-01 Ponzi Schemes — unknown SEC v. Mordechai Haim Ferder and others (ponzi schemes, 2026) SEC 2026-09-01 Ponzi Schemes — unknown CFTC v. Gabriel Perez (insider trading, 2026) CFTC 2026-08-28 Insider Trading $65k judgment SEC v. Mayur Baviskar (free riding and parking, 2026) SEC 2026-08-26 Free Riding And Parking — judgment SEC v. Gavin Wolfe and others (insider trading, 2026) SEC 2026-08-21 Insider Trading — unknown SEC v. Jesse R. Mitchell (insider trading, 2026) SEC 2026-08-21 Insider Trading — filed SEC v. Andrew Spaventa and others (boiler rooms, 2026) SEC 2026-08-17 Boiler Rooms — filed SEC v. Leor Moshe, Jacob Goldman, Isaac Odes (ponzi schemes, 2026) SEC 2026-08-13 Ponzi Schemes — filed CFTC v. Goliath Ventures Inc. and CEO (ponzi schemes, 2026) CFTC 2026-08-11 Ponzi Schemes — filed SEC v. Benjamin Tesfaye (insider trading, 2026) SEC 2026-08-11 Insider Trading — judgment SEC v. Goliath Ventures, Inc. and Christopher A. Delgado (ponzi schemes, 2026) SEC 2026-08-11 Ponzi Schemes — settled SEC v. Frank M. Cerisano Jr. (spoofing, 2026) SEC 2026-08-10 Spoofing — judgment SEC v. Gotbit Consulting LLC a/k/a Gotbit Hedge Fund and Fedor Kedrov (wash trading, 2026) SEC 2026-08-03 Wash Trading — judgment CFTC v. George Santos (price manipulation, 2026) CFTC 2026-07-31 Price Manipulation $35k judgment SEC v. Aras Investment Business Group S.A.P.I. de C.V. and others (ponzi schemes, 2026) SEC 2026-07-24 Ponzi Schemes — judgment SEC v. Jamal (“Jimmy”) Chammout and others (insider trading, 2026) SEC 2026-07-17 Insider Trading $497k judgment SEC v. Michael J. Forster (pump and dump, 2026) SEC 2026-07-15 Pump And Dump — judgment SEC v. Joshua A. Weiss (paid stock promotion, 2026) SEC 2026-07-10 Paid Stock Promotion — judgment SEC v. Robert Yedid, Andrew Kaufman, and Mark Jacobs (insider trading, 2026) SEC 2026-07-10 Insider Trading — judgment SEC v. Weiguo Zhai (insider trading, 2026) SEC 2026-07-09 Insider Trading — judgment CFTC v. North Carolina Commodity Pool Operator and His Company (ponzi schemes, 2026) CFTC 2026-07-07 Ponzi Schemes — filed SEC v. NanoBit Limited, et al. (chat group pumps, 2026) SEC 2026-06-29 Chat Group Pumps $1.2m judgment SEC v. Stephen J. Czarnik (paid stock promotion, 2026) SEC 2026-06-29 Paid Stock Promotion , Unregistered Distributions — judgment SEC v. Mingran Wang (spoofing, 2026) SEC 2026-06-25 Spoofing — settled SEC v. Casey Muggleston (insider trading, 2026) SEC 2026-06-24 Insider Trading — unknown SEC v. Sanders Family Office and others (ponzi schemes, 2026) SEC 2026-06-24 Ponzi Schemes — judgment SEC v. Justin Jennings and Vortex Strategies LLC (insider trading, 2026) SEC 2026-06-23 Insider Trading — filed SEC v. Bruce Cameron Conway (insider trading, 2026) SEC 2026-06-16 Insider Trading — judgment SEC v. Gerard Ryan (insider trading, 2026) SEC 2026-06-15 Insider Trading — judgment SEC v. Rakesh Ahuja (insider trading, 2026) SEC 2026-06-15 Insider Trading — judgment SEC v. Santos Kidd (ponzi schemes, 2026) SEC 2026-06-12 Ponzi Schemes — judgment SEC v. JianQing Li (insider trading, 2026) SEC 2026-06-05 Insider Trading — filed SEC v. Nathan Fuller (ponzi schemes, 2026) SEC 2026-05-29 Ponzi Schemes — filed CFTC v. Google Employee (insider trading, 2026) CFTC 2026-05-28 Insider Trading — filed SEC v. Nipun Kumar Jami (insider trading, 2026) SEC 2026-05-22 Insider Trading — settled SEC v. Gabriel Gershowitz, Esq. (insider trading, 2026) SEC 2026-05-18 Insider Trading — judgment SEC v. Oskar Elmgart and Raymond Leibman (insider trading, 2026) SEC 2026-05-18 Insider Trading $63.1k judgment SEC v. Robert Newell (ponzi schemes, 2026) SEC 2026-05-14 Ponzi Schemes — judgment SEC v. Douglas P. Farr (insider trading, 2026) SEC 2026-05-07 Insider Trading $35.2k settled SEC v. Nicolo Nourafchan and others (insider trading, 2026) SEC 2026-05-07 Insider Trading — unknown CFTC v. New York Trader (spoofing, 2026) CFTC 2026-05-06 Spoofing $200k judgment SEC v. Christopher Flagg and others (free riding and parking, 2026) SEC 2026-04-30 Free Riding And Parking — judgment SEC v. Jai Sondhi (insider trading, 2026) SEC 2026-04-29 Insider Trading — judgment SEC v. Terrence Chalk (ponzi schemes, 2026) SEC 2026-04-27 Ponzi Schemes — judgment CFTC v. U.S. Service Member (insider trading, 2026) CFTC 2026-04-23 Insider Trading — filed SEC v. Voyager Pacific Capital Management, LLC and others (ponzi schemes, 2026) SEC 2026-04-21 Ponzi Schemes — settled SEC v. George John Drazenovic, CPA (pump and dump, 2026) SEC 2026-04-20 Pump And Dump — judgment SEC v. Weizheng Zeng (insider trading, 2026) SEC 2026-04-20 Insider Trading — settled SEC v. Sudheesh Nambiar (ponzi schemes, 2026) SEC 2026-04-17 Ponzi Schemes — filed SEC v. Geoffrey Allen Wall (pump and dump, 2026) SEC 2026-04-09 Pump And Dump — judgment SEC v. Vestech Partners LLC and others (paid stock promotion, 2026) SEC 2026-04-08 Paid Stock Promotion — settled SEC v. Caroline J. Campbell (insider trading, 2026) SEC 2026-04-06 Insider Trading $157k settled SEC v. Michael Smith and Douglas Joshua Dalton (insider trading, 2026) SEC 2026-04-01 Insider Trading — filed SEC v. Brent David Willis (insider trading, 2026) SEC 2026-03-31 Insider Trading $175k judgment SEC v. Brent Cranmer and Daniel McCormick (insider trading, 2026) SEC 2026-03-30 Insider Trading — judgment SEC v. Ronald Smith (insider trading, 2026) SEC 2026-03-30 Insider Trading — unknown SEC v. Titanium Capital LLC and Henry Abdo (ponzi schemes, 2026) SEC 2026-03-30 Ponzi Schemes — dismissed SEC v. Benjamin Taylor and Darina Windsor (insider trading, 2026) SEC 2026-03-27 Insider Trading — judgment SEC v. Kevan Sadigh (insider trading, 2026) SEC 2026-03-23 Insider Trading — judgment SEC v. Bin Hao and Qidian LLC (ponzi schemes, 2026) SEC 2026-03-17 Ponzi Schemes $236k judgment SEC v. Paul W. Jorgensen (insider trading, 2026) SEC 2026-03-17 Insider Trading — settled SEC v. Canaccord Genuity LLC (marking the close, 2026) SEC 2026-03-06 Marking The Close , Marking The Open +2 — settled SEC v. Justin Sun, Tron Foundation Limited, BitTorrent Foundation Ltd., Rainberry, Inc., and DeAndre Cortez Way (paid stock promotion, 2026) SEC 2026-03-05 Paid Stock Promotion , Wash Trading — judgment SEC v. Zachary Miller (unregistered distributions, 2026) SEC 2026-03-05 Unregistered Distributions — settled CFTC v. unnamed respondents (insider trading, 2026) CFTC 2026-02-25 Insider Trading , Wash Trading — settled SEC v. Joel Castellanos (ponzi schemes, 2026) SEC 2026-02-24 Ponzi Schemes — judgment SEC v. Joseph C. Lewis, Carolyn W. Carter, Patrick J. O’Connor, and Bryan L. Waugh (insider trading, 2026) SEC 2026-02-24 Insider Trading — judgment SEC v. Martin Tuncaydin (insider trading, 2026) SEC 2026-02-13 Insider Trading — settled SEC v. Gerald Shvartsman and others (insider trading, 2026) SEC 2026-02-05 Insider Trading — dismissed SEC v. Marat Likhtenstein (ponzi schemes, 2026) SEC 2026-02-05 Ponzi Schemes — judgment SEC v. Ryan Squillante (insider trading, 2026) SEC 2026-02-05 Insider Trading — judgment CFTC v. Matthew Clark (insider trading, 2026) CFTC 2026-02-02 Insider Trading $14m settled SEC v. Kevin A. Van de Grift (insider trading, 2026) SEC 2026-01-30 Insider Trading — judgment SEC v. Satish Appalakutty and others (ponzi schemes, 2026) SEC 2026-01-29 Ponzi Schemes — filed SEC v. Saeid Jaberian (pump and dump, 2026) SEC 2026-01-27 Pump And Dump — judgment SEC v. Brian J. Suthoff (insider trading, 2026) SEC 2026-01-26 Insider Trading $19.7k judgment SEC v. Mohit Verma (insider trading, 2026) SEC 2026-01-21 Insider Trading $41k settled SEC v. Song Yuan (insider trading, 2026) SEC 2026-01-21 Insider Trading $65.6k settled CFTC v. Gregg Smith (spoofing, 2026) CFTC 2026-01-16 Spoofing , Wash Trading $200k judgment SEC v. Hong (John) Wang and Precision Clinical Consulting, LLC (insider trading, 2026) SEC 2026-01-15 Insider Trading — filed SEC v. Bernardo Mendia-Alcaraz and Toltec Capital LLC (ponzi schemes, 2026) SEC 2026-01-06 Ponzi Schemes — judgment SEC v. Muhammad Saad Shoukat and others (fake press releases, 2026) SEC 2026-01-06 Fake Press Releases , Insider Trading — filed