3 ms·
They made $5B and payed $1B as fine. Pocketed $4B and gov got their cut.
by alexbiet 6y ago
They made $5B and payed $1B as fine. Pocketed $4B and gov got their cut.
- blantonl 6y agoAs they say on WSB... this is the way :)
- huac 6y agoWhere do you see $5B? Per WSJ and CFTC: > The total fine includes a penalty of $437 million, restitution of $311 million and disgorgement of $172 million, the CFTC said. Disgorgement is the requirement to pay back profits that were illegally earned. It appears that they made less than $200M in profit (spoofing is usually a relatively low margin trade).