Market manipulation enforcement actions filed in 2026

This library records 137 market manipulation enforcement actions filed in 2026, brought by ASIC, CFTC, FCA, SEBI, 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: 37
Total penalties: $35.3m
Median penalty: $267k
Largest: $20m
Criminal parallel: 32%

Action	Agency	Filed	Technique	Penalty	Status
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 (suspicious activity reporting, 2026)	SEC	2026-03-06		$20m	settled
SEBI v. Zuari Agro Chemicals Limited and others (settlement, misstated accounts, 2026)	SEBI (India)	2026-03-05	Misleading Issuer Disclosure	—	settled
SEC v. Justin Sun, Tron Foundation Limited, BitTorrent Foundation Ltd., Rainberry, Inc., and DeAndre Cortez Way (wash trading, 2026)	SEC	2026-03-05	Wash Trading	$10m	settled
SEC v. Zachary Miller (unregistered distributions, 2026)	SEC	2026-03-05	Unregistered Distributions	—	settled
SEBI v. Mediaone Global Entertainment Ltd. and others (diverted funds and false accounts, 2026)	SEBI (India)	2026-02-27	Misleading Issuer Disclosure , Price Manipulation	—	judgment
SEBI v. Arcotech Limited and others (preferential allotment funded by company money, 2026)	SEBI (India)	2026-02-27	Misleading Issuer Disclosure	—	judgment
SEC v. Joel Castellanos (ponzi schemes, 2026)	SEC	2026-02-24	Ponzi Schemes	$150k	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	$1.9m	judgment
SEBI v. Oriental Trimex Limited and others (fictitious sales in financial statements, 2026)	SEBI (India)	2026-02-18	Misleading Issuer Disclosure	—	judgment
SEC v. Martin Tuncaydin (insider trading, 2026)	SEC	2026-02-13	Insider Trading	$27.2k	settled
SEBI v. Harsha Ishvarbhai Solanki and others (trading in ANI Integrated Services, 2026)	SEBI (India)	2026-02-12	Price Manipulation , Matched Orders	—	judgment
SEC v. Epic Capital Wealth Advisors, LLC (2026)	SEC	2026-02-11		—	judgment
SEBI v. Yayaati Hasmukhray Nada and others (Telegram stock tips, Unison Metals, 2026)	SEBI (India)	2026-02-05	Chat Group Pumps , Social Media Ramps	—	judgment
SEBI v. Setco Automotive Limited and others (diversion of funds and concealed commission, 2026)	SEBI (India)	2026-02-05	Misleading Issuer Disclosure	—	judgment
SEC v. Gerald Shvartsman and others (insider trading, 2026)	SEC	2026-02-05	Insider Trading	—	judgment
SEC v. Marat Likhtenstein (ponzi schemes, 2026)	SEC	2026-02-05	Ponzi Schemes	—	settled
SEC v. Ryan Squillante (insider trading, 2026)	SEC	2026-02-05	Insider Trading	—	judgment
SEC v. Brett Rosen and others (social media ramps, 2026)	SEC	2026-02-04	Social Media Ramps	—	filed
CFTC v. Matthew Clark (insider trading, 2026)	CFTC	2026-02-02	Insider Trading	—	settled
SEC v. Kevin A. Van de Grift (insider trading, 2026)	SEC	2026-01-30	Insider Trading	$298k	judgment
SEC v. Satish Appalakutty and others (ponzi schemes, 2026)	SEC	2026-01-29	Ponzi Schemes	—	filed
FCA v. Bhavesh Hirani (insider trading, 2026)	FCA	2026-01-27	Insider Trading	—	unknown
FCA v. Dipesh Kerai (insider trading, 2026)	FCA	2026-01-27	Insider Trading	—	settled
SEC v. Mark A. Miller, Saeid Jaberian and Christopher J. Rajkaran (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	settled
Fund manager sentenced to 6 years’ jail in $3 million Platinum Asset Management insider trading case (ASIC, 2026)	ASIC	2026-01-23	Insider Trading	—	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 and Michael Nowak (spoofing, 2026)	CFTC	2026-01-16	Spoofing	$350k	judgment
SEBI v. Ashish S Parekh and others (front running of a large client's orders, 2026)	SEBI (India)	2026-01-16	Front Running	—	judgment
SEBI v. Niraj Dhanraj Chhajer and Deepti Chhajer (insider trading, Torrent Power, 2026)	SEBI (India)	2026-01-16	Insider Trading	—	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	$2.2m	judgment
SEC v. Muhammad Saad Shoukat and others (fake press releases, 2026)	SEC	2026-01-06	Fake Press Releases , Insider Trading	—	filed
SEBI adjudication orders on illiquid stock options at BSE (2026 batch)	SEBI (India)	2026-01-05	Matched Orders	—	judgment