**Crypto Market Makers Charged with Fraud and Manipulation**

Three crypto market makers and several individuals are facing serious charges from the SEC, DOJ, and FBI. Gotbit Consulting, ZM Quant Investment, and CLS Global, along with nine individuals, are accused of fraud and market manipulation in Massachusetts.

**Key Points:**

- Gotbit and its marketing director, Fedor Kedrov, allegedly engaged in wash trading for Saitama and Robo Inu.

- Vy Pham, linked to these projects, faces multiple fraud charges.

- ZM Quant and CLS Global are charged over NexFundAI, a coin created by the FBI, and SaitaRealty coin.

- Defendants span across Russia, London, Hong Kong, and India.

The complaints seek permanent injunctions, disgorgement of gains, and civil penalties. The FBI is also investigating other cryptocurrencies like VZZN and Lillian Finance.