US authorities, including the SEC, FBI and DOJ, have charged Gotbit and four other crypto firms with market manipulation. 🚨
- Firms like ZM Quant and CLS Global used bots to inflate trading volumes on centralized exchanges.
- Meme coin projects like Saitama and Robo Inu are also implicated.
- $25 million in cryptocurrencies were seized and bots responsible for millions of fraudulent transactions were disabled.
What do you think about these measures? Leave us your comment!