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Binance Fired Investigator Who Uncovered Market Manipulation at Client DWF Labs: WSJ
9.5.2024
A Binance team found that "VIP" clients – those trading more than $100 million per month – were engaging in pump-and-dump schemes and wash trading, the Wall Street Journal said
Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo
15.3.2024
In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop
Decentralized exchanges a magnet for crypto wash traders: Solidus Labs
13.9.2023
Token deployers and liquidity providers wash-traded over $2 billion worth of crypto on Ethereum-based DEXs since 2020, a Solidus Labs report claims
Binance CEO Rejects Claims of Manipulating Market to Bolster Native Exchange Coin BNB
14.6.2023
Crypto fraud accusations against Binance and its CEO Changpeng “CZ” Zhao are casting a shadow over the reputation of the industry giant.
Prominent market commentators, among them analyst Dylan LeClair and Swan Bitcoin CEO Cory Klippsten, have implied that Binance could be guilty of underhanded...
Binance CEO Changpeng Zhao denies rumors of selling Bitcoin to bolster BNB
14.6.2023
While several theories emerged, the Binance CEO asserted that no BTC or BNB trading activity is happening behind the scenes
OpenSea collector fat fingers a 100 ETH bid for a free NFT
6.4.2023
Some pundits have argued the trader mistakenly put up a bid for 100 ETH which was quickly snapped up, while others believe the sale was a wash trade
Wash trading will cause crypto’s next implosion: Mark Cuban
6.1.2023
The majority of centralized exchange volume is fake, according to the billionaire investor and Dallas Mavericks owner
70% of unregulated exchange transactions are wash trading: NBER study
29.12.2022
The researchers found that in some exchanges, the wash trading volume can go as high as 80%
70% of unregulated exchange transactions are wash trading: NBER study
29.12.2022
The researchers found that in some exchanges, the wash trading volume can go as high as 80%
Fiji elects pro-Bitcoin prime minister Sitiveni Rabuka
29.12.2022
Fiji elects a pro-Bitcoin prime minister, signaling a positive future for Bitcoin adoption in the pacific island nation
Get ready for the feds to start indicting NFT wash traders
31.8.2022
Securities and Exchange Commission regulators should move to protect investors from traders who distort the NFT market with manipulative trades — and they probably will soon
Report: Chainalysis Detects ‘Significant’ Wash Trading Using NFTs
7.2.2022
Chainalysis, one of the leading blockchain and cryptocurrency auditing firms, has issued a report indicating signs of significant wash trading activity involving NFTs. In these operations, some actors effectively sell their assets to themselves, with the intention of increasing the floor price...
SEC takes action against two meme stock wash traders
28.9.2021
The SEC asserts that the defendants unlawfully gleaned more than $700,000 through a wash-trading scheme that targeted exchanges offering market maker rebates
New research claims 21 accounts pumped the $4.4B EOS ICO with wash trades
3.9.2021
New research asserts that EOS and ETH were wash-traded on exchanges to manipulate prices during EOS’s multi-billion dollar ICO
Ahead of IPO, Coinbase Pays CFTC $6.5 Million to Settle False Reporting, Wash Trading Charges
20.3.2021
The Commodity Futures Trading Commission (CFTC) has fined cryptocurrency exchange Coinbase $6.5 million “for reckless false, misleading, or inaccurate reporting as well as wash trading.” This enforcement action came as Coinbase is getting ready for its initial public offering (IPO)...
South Korean Authorities Formally File Fraud Charges Against Coinbit’s Executives
8.12.2020
In South Korea, authorities have formally pressed fraud charges against the chairman of a major crypto exchange in the country, Coinbit, plus two unnamed executives of the firm. They are suspected of price manipulation. Coinbit’s Executives Formally Charged by South Korean Authorities...
Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
27.8.2020
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well...
Canada Crypto Exchange Coinsquare Accused of Wash Trading by Watchdog
20.7.2020
The Ontario Securities Commission alleges Coinsquare manipulated markets with fake trading volumes between 2018 and 2019
Canadian Regulator Accuses Coinsquare of Market Manipulation With Wash Trades Worth 590K BTC
18.7.2020
The Ontario Securities Commission has started a proceeding against cryptocurrency exchange Coinsquare and its executives. The Canadian regulator has accused the company of market manipulation, with 840,000 wash trades worth approximately 590,000 bitcoins, representing 90% of the exchange’s...
Accel, Coinbase Join $17M Pre-Seed Round for Institutional Crypto Trading Firm FalconX
18.5.2020
The crypto trading firm pitched investors on the basis that its best trade execution platform offers institutions a solution to the wash trading that is rife in the space