Just In: US Charges Four Crypto Firms For Market Manipulation

Quick Summary:

Federal prosecutors in Boston charged Gotbit, ZM Quant, CLS Global, and MyTrade, along with their leaders and employees, with market manipulation and sham trading in cryptocurrency.

The investigation led to arrests abroad, and five people have already pleaded guilty or agreed to do so.

The investigation, led by federal prosecutors in Boston, involved overseas arrests.

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Article Details

Author / Journalist: Teuta

Category: Crypto

Markets: IndiaCroatia

Topics: Crypto trading Crypto fraud 24/7 Cryptocurrency News Crypto scam

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 19:42:23 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 286 words

Reading Time: 2 minutes read

Sentences: 29 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22971484

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 32 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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