Former JP Morgan Trader Pleads Guilty To Manipulating (Not Suppressing) PM Markets

[Smaulgld]

https://smaulgld.com/former-jp-morga...ng-pm-markets/

[Zippyjuan]

What he is accused of doing: https://www.ft.com/content/79658b20-...5-792428919cee

John Edmonds, 36, pleaded guilty to one count of commodities fraud and one count of spoofing conspiracy, according to a criminal information unsealed in Connecticut on Monday. Spoofing involves placing and then rapidly cancelling orders in order to dupe the market.