U.S. Prosecutors File First-Ever Crypto Market Manipulation Charges!
Crypto market manipulation charges have shaken the digital assets industry. U.S. prosecutors have taken unprecedented action against alleged fraud in the cryptocurrency market.
Reuters originally reported this first-of-its-kind case. Federal authorities in Boston have charged 18 individuals and firms for their role in cryptocurrency market manipulation schemes.
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U.S. Prosecutors Tackle Crypto Fraud: Wash Trading Charges Rock Digital Assets Industry
This case marks a major step in fighting crypto fraud. It targets four companies – Gotbit, ZM Quant, CLS Global, and MyTrade – and 14 individuals. They’re accused of manipulating cryptocurrency markets through wash…