DeFiLlama has removed Aster, a BNB-based decentralized exchange (DEX), from its platform due to suspicions of wash trading activity. The decision follows an ongoing investigation into Aster’s volumes […]
DefiLlama Suspends ASTER Perps Over Wash Trading Fears
Crypto platform DefiLlama has removed $ASTER perpetual trading volumes, citing concerns about wash trading patterns identified by researcher 0xngmi. This follows a comparison of trading activity between Aster […]
DeFiLlama Suspends Aster DEX Following Wash Trading Concerns
DeFiLlama has removed Aster DEX’s perpetual futures volume data due to suspected wash trading activity, raising concerns about transparency within decentralized finance (DeFi). This action comes after analysis […]
DefiLlama Removes ASTER Perpetuals Amidst Suspected Wash Trading
DeFi data provider DefiLlama has removed the trading volume for ASTER perpetual contracts, citing concerns about potential wash trading activity. This move underscores a growing demand for transparent […]
Solana Under Scrutiny for $800 Billion Wash Trading Scandal
Crypto analyst DBCryptoO has brought attention to allegations that Solana, a blockchain network, was involved in a significant wash trading scheme. The scheme artificially inflated trading volumes by […]
Gotbit CEO Jailed for Crypto Market Manipulation: Eight-Month Sentence
Aleksei Andriunin, the founder and CEO of Gotbit, has been sentenced to eight months in prison for manipulating the cryptocurrency market through illegal wash trading practices. The U.S. […]
Gotbit Founder Sentenced For Crypto Wash Trading Scheme
Aleksei Andriunin, founder of Gotbit Consulting LLC, was recently sentenced to prison for orchestrating a wash trading scheme designed to inflate cryptocurrency trading volumes. This sentencing signifies an […]
LayerZero CEO Alleges Hyperlane Engaged in Wash Trading Manipulation
LayerZero CEO Bryan Pellegrino has accused Hyperlane, a cross-chain protocol, of using wash trading to artificially inflate its transaction volume and potentially skew token distribution. This accusation raises […]
Ex-MOVE Co-Founder Accused of Wash Trading for Airdrop
An alleged wash trading scheme by a former MOVE co-founder has sparked controversy and raised questions about market manipulation in the crypto space. The accusations, centered around securing […]
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 […]
US Court Fines CLS Global for Wash Trading Violations
The US court has levied significant penalties against CLS Global for engaging in wash trading activities. This case underscores the increasing scrutiny of cryptocurrency markets and the importance […]
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 […]
U.S. Court Fines UAE Firm for Crypto Wash Trading: $428K Penalty Imposed
The U.S. court recently imposed a significant financial penalty of $428,000 on CLS Global, an UAE-based firm, for engaging in unlawful crypto wash trading activities. This ruling emphasizes […]
US Court Fines UAE Crypto Firm $428K for Wash Trading
The US state of Massachusetts is cracking down on illegal cryptocurrency market practices, with a federal court sentencing CLS Global, a UAE-based crypto financial services firm, to a […]
Gotbit Founder Faces Charges Over Alleged Wash Trading Scheme
Aleksei Andriunin, founder and CEO of crypto market maker Gotbit, was arrested in Portugal on October 8th after his extradition to the U.S. for allegedly offering wash trading […]