Latest News and Articles about Wash Trading
DeFiLlama Drops Aster Data Over Wash Trading Fears: DeFi Trust on the Line
DeFiLlama Delists Aster Data Amid Wash Trading Suspicions: DeFi Integrity at Stake DeFiLlama, a leading analytics platform in the decentralized finance space, has pulled the plug on Aster’s perpetual trading volume data, citing suspicious patterns that mirror Binance’s futures volumes with uncanny precision. This bold move has ignited controversy, tanked Aster’s token price, and raised […]
Read MoreCLS Global Hit with $428K Fine for Wash Trading on Uniswap: FBI’s NexFundAI Sting
US Court Fines Crypto Services Firm CLS Global for Wash Trading CLS Global, a UAE-based crypto market-making firm, has been slapped with a $428,000 fine by a U.S. federal court in Boston for engaging in wash trading, a deceptive practice that artificially inflates trading volumes. This case underscores the ongoing battle against market manipulation in […]
Read MoreCLS Global Hit with $428K Fine in FBI’s Crypto Fraud Crackdown
CLS Global Fined $428,000 in FBI’s Operation Token Mirrors Crackdown on Crypto Market Manipulation In a significant blow to fraudulent practices in the cryptocurrency market, the FBI’s “Operation Token Mirrors” has led to a $428,000 fine for CLS Global, a UAE-based crypto market maker caught engaging in wash trading. The sting operation, launched in March […]
Read MoreFBI Charges CLS Global for Uniswap Wash Trading: A Crypto Fraud Crackdown
FBI Charges CLS Global with Wash Trading on Uniswap: A Major Crackdown on Crypto Fraud FBI charges CLS Global with wash trading on Uniswap Sting operation “Operation Token Mirrors” uses fake project NexfundAI CLS Global to pay $428,000, cease U.S. operations, and report compliance The FBI has just thrown down the gauntlet on crypto fraud, […]
Read MoreFBI’s Fake Token NextFundAI Nabs CLS Global in Wash Trading Sting
Crypto Company CLS Global Caught in FBI’s Fake Token Trap – FBI uses fake token NextFundAI (NEXF) to catch CLS Global in wash trading. – CLS Global admits guilt, faces fines, and agrees to strict compliance measures. – Case highlights growing regulatory efforts to combat crypto market manipulation. Imagine a token so fake, it’s designed […]
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