đ¨ BREAKING NEWS đ¨ Major Crypto Manipulation Case Unveiled by U.S. Prosecutors!
Federal prosecutors in Boston have charged four crypto companies and 14 individuals for market manipulation and sham trading, including Gotbit and ZM Quant. This is the first-ever criminal prosecution of financial services firms for such activities in crypto.
âĄď¸ From 2018 to 2024, Gotbit allegedly engaged in wash trading to artificially inflate token volumes.
đ The FBIâs sting operation, NexFundAI, was used to expose these schemes. NexFundAI, still actively traded, holds a market cap of $237,000.
Big names like #Gotbit, #ZMQuant, and #MyTrade are involved. Is this the start of a major crackdown in crypto? Stay tuned! đĽ
đ Learn more: https://t.co/36OBIx14p5
#BTC #ETH #scam #CARV #Blockchain #FBI #SEC #Crypto #airdrop
