Hard times for market makers (MM)

▪️ FractureLabs has filed a lawsuit against Jump Trading , accusing the market maker of manipulating shitcoin prices.

▪️ Market maker Cumberland withdrew 1,755 BTC ($119 million) from exchanges after SEC charges, leaving 2,313 BTC in their wallet.

▪️ Earlier, the FBI brought charges against other major MMs - ZM Quant, CLS Global and Gotbit . The founder of the latter is already awaiting trial, $25 million has been confiscated.

#Bitcoin❗ #MemeCoinTrending #TeslaTransferBTC #USRetailSalesBoost #BTCSoarsTo68K