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 […]
Investigation Reveals Alleged Wash Trading by Libra & Melania Teams
A recent investigation has revealed accusations of money laundering through wash trading against the teams behind Libra and Melania tokens. The allegations stem from a $2.73 million loss […]