Liu Zhou, a 39-year-old individual with ties to China and Canada, is set to be sentenced in federal court early next year for engaging in wash trading of client cryptocurrencies across multiple exchanges, according to the Department of Justice (DOJ). Wash trading is a form of market manipulation that artificially inflates asset prices by creating a false impression of transaction interest.
<p>The post Div Liu Zhou Pleads Guilty to Wash Trading Cryptocurrencies first appeared on CoinBuzzFeed.</p>