“JPMorgan engaged in two separate years-long market manipulation schemes,” said U.S. Attorney John H. Durham of the District of Connecticut. “Not only will the company pay a substantial financial penalty and return money to victims, but this agreement requires JPMorgan to self-report violations of the federal anti-fraud laws and cooperate in any future criminal investigations. I thank the FBI for its dedication in investigating these deceptive trading practices and other sophisticated financial crimes.”
Not trying to doom here, but I don't trust Durham to get the job done anymore.
I'm an AMC and GME ape, and this cannot be anymore disappointing. I was excited when i saw the news and Durham involvement in coming after WallStreet and all these crooked bankers.
But surprised surprised, not only does he tells the banker to "self-report" any other crimes they do, he even thanked the current FBI administration for their involvement. Like are you serious??? you are also supposed to do a report on how the FBI spied on Trump during his Presidency!
“JPMorgan engaged in two separate years-long market manipulation schemes,” said U.S. Attorney John H. Durham of the District of Connecticut. “Not only will the company pay a substantial financial penalty and return money to victims, but this agreement requires JPMorgan to self-report violations of the federal anti-fraud laws and cooperate in any future criminal investigations. I thank the FBI for its dedication in investigating these deceptive trading practices and other sophisticated financial crimes.”