By John Seetoo – Yahoo Finance
In September 2020, JP Morgan paid a landmark $920 million settlement to resolve charges of “spoofing” – placing and cancelling fake buy or sell orders – to manipulate the silver market. A little over five years later, JP Morgan closed out a 3.17 million oz. silver short position (633 delivery notices), conveniently right before silver shot up from $73 to over $120/oz.