According to Odaily Planet Daily, Liu Zhou, founder of crypto market maker MyTrade MM, admitted to charges related to the exchange's wash trading business, which the US government considers illegal, and took the initiative to resolve these charges.

The alleged wash trading business has been removed from the product and official website. The normal operation of the market maker service is not affected and continues to provide services to customers. Liu Zhou will be committed to providing legal services that comply with regulatory laws and regulations.