Semi-pro poker player and hedge fund manager Dan Shak settled with the CFTC, two years postspoofing charges, though he felt confident about winning at trial.
Allegations suggest he manipulated gold and silver markets through spoofing, placing and canceling orders to deceive.
Shak agreed to penalties, including a $750,000 settlement, without admitting guilt, aiming to avoid litigation costs and pursue new ventures
Allegations suggest he manipulated gold and silver markets through spoofing, placing and canceling orders to deceive.
Shak agreed to penalties, including a $750,000 settlement, without admitting guilt, aiming to avoid litigation costs and pursue new ventures