The U.S. District Court in Massachusetts has delivered a final verdict against CLS Global, an UAE-based entity, concluding that it manipulated the price of ‘NexFundAI’ cryptocurrency through a […]
CLS Global Pays $428,059 Fine in US Settlement Over Trading Activities
Digital asset market maker CLS Global has reached a settlement with the SEC and DOJ over alleged trading violations, including those related to the FBI’s NexFundAI token investigation. […]
CLS Global Receives $428,059 Fine & Probationary Period Following SEC Investigation
CLS Global, a prominent digital asset market maker and liquidity provider founded in 2017, has reached agreements with the U.S. Securities and Exchange Commission (SEC) and the U.S. […]
CLS Global Faces $428K Fine for Wash Trading Practices
The U.S. has imposed a significant penalty on CLS Global, a financial services firm based in the UAE, for engaging in wash trading practices. The company was fined […]
CLS Global Faces Probation and Heavy Fines for Wash Trading
Massachusetts regulators have imposed a significant penalty on CLS Global, a crypto firm operating without proper registration, following accusations of wash trading. The court levied a $428,059 fine […]
CLS Global Confesses to Market Manipulation and Wire Fraud Charges
The UAE-based market maker, CLS Global, has admitted to charges of manipulating financial markets and committing wire fraud. This admission came as a result of an investigation conducted […]