Apparently he was putting up fake sell "walls" to drive the price down!
Who even knew that was illegal, let alone 20 years worth.
I put something up for sale, then flake out at the last second ... how is that illegal?
Its ludicrous. Anyone who's stared at a level 2 trading screen sees HFT 100 lot orders constantly flashing in and out within milliseconds continuously baiting you .
And that the state thinks it should take a view on trading tactics between grown adults in the totemic heart of the free world.
I think it's indicative of their weakness. Would they have spent 5 years hunting someone who caused a spike up?
That reminded me of 2008 when Wall Street got all pissed off at the shorts and actually succeeded in banning all shorts on financial institutions. What a crooked game they run: