Liu Zhou, 39, said to be from China and Canada, will be sentenced early next year in federal court for “the wash trading of client cryptocurrencies across multiple cryptocurrency exchanges,” according to the DOJ. Wash trading refers to the artificial driving up of asset prices by suggesting a fake level of transaction interest.
Source link
Jesse Hamilton
https://www.coindesk.com/policy/2024/10/30/mytrade-head-first-to-plead-guilty-among-group-of-firms-accused-of-gaming-markets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-10-30 21:00:55
