This Chart tracks the Department of Justice (DOJ) Antitrust Division's investigation into the manipulation of the price of US dollars and euros in the foreign currency exchange (FX) spot market. As of December 2023, the DOJ has charged six companies and eight individuals with allegedly illegally manipulating the FX spot market. The DOJ has issued fines totaling over $2.7 billion. Additionally, one defendant was sentenced to 24 months in prison and another to eight months in prison. Two defendants were sentenced to time served and two years supervised release. Three of the eight individuals charged have been found not guilty.

Certain parties charged with FX spot market manipulation have also been charged in a separate investigation into manipulation of the London InterBank Offered Rate (LIBOR) market (see Related Content).