Coinspeaker Spoofing Mistake Costs Wall Street Banking Giant JPMorgan $1 Billion in Penalty JPMorgan is looking ahead to settle regulatory charges of market manipulation by paying a massive $1 billion in penalty. The DOJ, the SEC, and the CFTC have been conducting an investigation for a long time over the bank involvement in unfair trading practices in the metals market.Spoofing Mistake Costs Wall Street Banking Giant JPMorgan $1 Billion in Penalty