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coinpedia 2024-10-10 08:04:42

Crypto Pump and Dump Fraud Bust by FBI as SEC, DOJ and FBI File Suit Against Gotbit and Others

The post Crypto Pump and Dump Fraud Bust by FBI as SEC, DOJ and FBI File Suit Against Gotbit and Others appeared first on Coinpedia Fintech News In unison, the SEC, the DOJ and the FBI have charged eighteen people and crypto companies, including Gotbit Consulting, ZM Quant Investment, and CLS Global. The charges centre on fraud and manipulation of the market and where wash trading was employed to push token prices higher. The Informant of the FBI To unravel these manipulations, …

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