JPMorgan to Pay $920 Million in Record Spoofing Case

The video tutorial explains spoofing, a practice where traders flood markets with orders they don't intend to execute to manipulate prices. It discusses the significant market losses attributed to spoofing, amounting to $300 million over eight years, and the ongoing investigations involving JP Morgan traders. The US government used trading data to identify suspicious activities, leading to subpoenas and further investigations. A compensation fund is being set up for victims, with $300 million collected from the bank involved.

What role did data play in uncovering the spoofing activities?

What compensation measures are being considered for the victims of spoofing?