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US DOJ charges 10 in crypto wash trading case linked to Gotbit, Vortex – TON BOT

US DOJ charges 10 in crypto wash trading case linked to Gotbit, Vortex

The US Department of Justice charged 10 individuals for manipulating digital asset prices through pump-and-dump schemes. The defendants are linked to four crypto market making firms and are accused of inflating trading volumes and prices before selling to unsuspecting investors at higher valuations. Three defendants were extradited from Singapore to the US.


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