Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
Raja Boss official
--
Bullish
Follow
đMichael Saylor: MicroStrategy's ultimate goal is to become the leading
Bitcoin
bank
âïž
$BTC
Give a Tip
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
Â
See T&Cs.
340
0
Replies
1
Explore the latest crypto news
âĄïž Be a part of the latests discussions in crypto
đŹ Interact with your favorite creators
đ Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
Raja Boss official
@Raja_Boss_official
Follow
Explore More From Creator
DYOR đđ€Șđ
--
On Wednesday, the Department of Justice (DOJ) unsealed a criminal case against 18 individuals and companies accused of manipulating crypto markets and inflating token prices. The operation involved a multi-billion-dollar crypto firm and used a fake cryptocurrency created by the FBI as part of the investigation. The FBI created a token called NexFundAl on the Ethereum blockchain and used it to catch market makers offering wash trading services, where fake buy and sell orders inflate trading volumes. Some defendants worked at Saitama, a Massachusetts-based crypto firm, which inflated its token price to create a $7.5 billion market value while secretly profiting from token sales. #FBI
--
âŒïžHMSTR Token Market Maker Detained in Portugal Gotbit CEO Alexey Andryunin has been arrested in Portugal at the request of the FBI and is awaiting extradition to the U.S. đč Itâs known that Gotbit Hedge Fund partnered with Hamster Kombat and was supposed to act as the market maker for the HMSTR token (đœpossibly causing the token to drop by -11% yesterday in light of these news). The U.S. has charged three companies and 15 individuals with cryptocurrency fraud. Gotbit, ZM Quant, and CLS Global, along with their leaders and employees, were among the accused. The charges have led to four arrests, five plea agreements, and the seizure of over $25 million in cryptocurrency. Iâm sure 99% of people didnât read the Reuters article, so hereâs a brief summary: đŽ As part of the investigation, the FBI created its own token, NexFundAI, on the Ethereum blockchain and reached out to various market makers (MMs) to use their services. đŽ On calls and in private messages with the undercover project, MM employees shared their algorithms for inflating volumes, creating multiple addresses for organic token distribution, and other techniques. đŽThe FBI interpreted all MM services as "wash trading," "fake transactions" "market manipulation" and "artificially inflating trade volume" leading to charges that could result in up to 20 years in prison for the young individuals involved. đ€Ż $HMSTR
--
đ 5-Year Returns: âïžâïžCrypto vs. Traditional Assetsâïžâïž đ Bitcoin: +797%đ„đ„â„ïžâ„ïžâ„ïž đč Stock Indices: âą đșđž Nasdaq 100: +204% âą đźđł Nifty Next 50: +189% đ° Other Assets: âą đ„ Gold: +89%. âą đŻđ” Nippon India Japan Equity Fund: +52% âą đšđł Hang Seng: +19%
--
đ€« BLUM Important Update... đđ„đDOGS Giveaway... đđđđ Use Your đ Tickets and Get More Dogs.... Note : Now Not Working, But Update Will Release Soon... Be Readyđ€
--
Latest News
El Salvador Completes $940 Million Debt Buyback
--
UniSat Runes Market Officially Launches on Fractal Bitcoin Mainnet
--
NegenTropy Capital Partner Initiates Fight For Community Takeover
--
Sui Network TVL Reaches Record High of $1.378 Billion
--
Ripple Whales Purchase Over $40 Million In XRP
--
View More
Trending Articles
Sei (SEI) Token: Price Prediction and Market Potential (2024-2030)
Crypto Economy
SHIB $0.01 impossible
anilsingta
Bitcoin and U.S. stocks are going to crash, while energy will explode!
Bluechip
This is why #XRP sucks đ Jokes aside,
TZN Trader
đšSHIBA INU: U.S. PANIC MODE ACTIVATED â
ZENITH ZORO
View More
Sitemap
Cookie Preferences
Platform T&Cs
