US government files first-ever market manipulation charges in crypto, targeting 18 people and firms, with $25M in assets seized.
The original post: /r/cryptocurrency by /u/WineMakerBg on 2024-10-09 20:56:24.

The FBI created its own token, NexFundAI, to expose fraudulent actors in the crypto market. As a result, US prosecutors in Boston have charged 18 individuals and entities, including four major crypto firms—Gotbit, ZM Quant, CLS Global, and MyTrade—in a criminal prosecution for market manipulation.