Market Regulation
US Authorities Impose $428K Fine on CLS Global for Engaging in 80,000 Wash Trades
US regulators have taken action against CLS Global, fining them for executing thousands of wash trades that inflated digital asset volumes.
Legal Affairs
Dubai's CLS Global Admits Guilt in Uniswap Wash Trading Case
CLS Global, a UAE-based crypto market maker, has pled guilty to wash trading charges as revealed by US prosecutors.
Policy
MyTrade Leads Guilty Plea in U.S. Crypto Market Manipulation Case
MyTrade has become the first firm to plead guilty in a recent enforcement sweep targeting alleged crypto market manipulation involving multiple companies.
Finance
Fortune Reports Polymarket Flooded with Wash Trading
Allegations arise as analysts claim significant portions of trading volume on the prediction market Polymarket are artificially inflated.
Policy
Caught in the Act: DOJ Charges Against Cryptocurrency Market Makers
The U.S. Department of Justice has accused several entities of engaging in deception through wash trading, prompting a notable crackdown.
