Former Deutsche Bank traders James Vorley and Cedric Chanu argue that competitions, whether with cards or futures contracts, permit deception.
Citi will have to produce to former trader all the material they gave to the DOJ in connection with FX spot market investigation.
Citi wants the DOJ to provide discovery concerning the grand jury proceedings that resulted in the indictment of Rohan Ramchandani.
The DOJ insists the testimony of Professor Venkataraman in a spoofing case targeting former JPMorgan traders is reliable.
25-year old Kelvin Ramirez used social media platforms to falsely promote himself as a successful trader of Forex investments.
The DOJ and the CFTC push for dismissal of cases brought by Forex Cartel trader Richard Usher.
Richard Usher, known for his participation in the “Cartel” chat room, refuses to abandon lawsuits against the CFTC and the DOJ.
Michael Nowak, who ran JPMorgan’s global precious metals desk earned $23,700,074 in the period from 2008 to 2016.
The DOJ opposes accusations by Richard Usher, former JPMorgan Chase FX trader, of a “shell game with evidence”.
Former FX Cartel trader Richard Usher and DOJ’s Civil Division are engaged in discussions to resolve the lawsuit.