JPMorgan Traders Charged With Rigging Metals Deals

The transcript discusses allegations of market manipulation by JP Morgan traders, focusing on spoofing in the precious metals market over eight years. The US government is taking these allegations seriously, drawing parallels to the Libor scandal. The discussion includes market participants' reactions and the broader implications of such practices.

What comparison is made to the Libor scandal in the text?

What is the general sentiment in the market regarding the awareness of spoofing?