Prosecutors Charge Four Crypto ‘Market Makers,’ Employees With Market Manipulation, Fraud

Prosecutors Charge Four Crypto ‘Market Makers,’ Employees With Market Manipulation, Fraud

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Source: Coindesk.com

Federal prosecutors charged four purported market makers, a handful of crypto projects, and over a dozen individuals with manipulating various crypto markets Wednesday, saying they profited from fees and selling manipulated coins at elevated values.

According to charging documents unsealed Wednesday, Gotbit, CLS Global, MyTrade and ZM Quant wash traded various tokens to make it appear they

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The post "Prosecutors Charge Four Crypto ‘Market Makers,’ Employees With Market Manipulation, Fraud" appeared first here Coindesk.com.

Source: Coindesk.com

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