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 Bitget is facing renewed scrutiny after Lookonchain...
Key TakeawaysUK Gambling Commission posts £65,000 senior “Head of Illegal Markets” role to combat £16.6bn black market.Acting CEO Sarah Gardner...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Strategy’s Phong Le pushed back against the...
Ripple has secured a $200 million debt facility to expand its prime brokerage unit, Ripple Prime, as demand for institutional...
Key Takeaways:Michael Saylor wrote, “Back to work. $BTC”, suggesting Strategy will once again start buying Bitcoins.Currently the largest corporate Bitcoin...
