Was PJ Matlock charged? Yes in 2022, but on March 20, 2024 the U.S. District Court for the Southern District of Texas dismissed all criminal charges. See sources on this page.
What is the current status of PJ Matlock’s case? The government appealed to the U.S. Court of Appeals for the Fifth Circuit. The related SEC civil matter has been stayed pending the appeal. PJ Matlock has consistently maintained his innocence of all the charges that were alleged.
Did the judge find any criminal acts? The judge dismissed the indictment before trial. The order explained that the DOJ did not allege an actual crime, because simply influencing the market is not illegal. The indictment never claimed that we took—or intended to take—anyone’s money or property. The case was thrown out because posting opinions about stocks on social media is not a crime.
What does PJ Matlock trade? PJ Matlock primarily trades U.S. equities, options, futures, and some cryptocurrency with day-trading as the focus. Nothing he posts is considered to be financial advice. He does not manage money for others and has never traded on behalf of other people.
Was PJ Matlock involved in a pump-and-dump? Allegations were made in 2022; the federal court dismissed the criminal case on March 20, 2024. See the sources listed on this page.
PJ Matlock appeal / Fifth Circuit The government appealed the dismissal to the U.S. Court of Appeals for the Fifth Circuit.
PJ Matlock interview / statement / biography This page provides the current official status and links; additional statements or interviews will be linked from https://pjmatlock.com/ when available.
Who else was named in the 2022 case? Public filings list several co-defendants, including Edward Constantin (known as Zack Morris). The district court dismissed the criminal indictment in the consolidated case; the government appealed.
What about the line 'we're robbing idiots of their money'? That quote came from the defendant who pled guilty. It was said in a private Discord server he controlled. PJ Matlock and the other co-defendants were not in that private room.
Was there a whistleblower? No. The supposed whistleblower was someone in the guilty-pleading defendant’s private chat who had a personal grudge against him. PJ Matlock and the other co-defendants never knew that person and had no contact with him.
Is PJ Matlock a musician? No. Some third-party pages were auto-generated/unauthorized. Official info is maintained here.