Earlier today, U.S. federal prosecutors charged crypto trading firms Gotbit, ZM Quant, CLS Global and MyTrade and their employees with market manipulation and fraud. Notably, a CoinDesk report in 2019 detailed how Alexey Andryunin, the co-founder of Gotbit and one of the individuals charged by prosecutors, built a business out of faking exchange volumes for tiny crypto tokens using trading bots to get listed on price aggregators like CoinMarketCap.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple CEO Brad Garlinghouse suggested that XRP...
Key TakeawaysAmy Howe departed as FanDuel CEO on May 6 with $4.37M severance after five years leading the US sportsbook.Christian...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Six issuers are now behind the biggest...
Key TakeawaysCoinbase integrated x402 and wallet infrastructure into Amazon Bedrock Agentcore Payments for AWS developers.Agent payments include spending limits, compliance...
Key Takeaways:Ethereum Foundation sold 5,000 ETH, which was converted to DAI amounting to $11.1MThe median price of the sale was...
