The U.S. Securities and Exchange Commission (SEC) has charged multiple market makers and individuals with manipulating crypto asset markets, alleging they created fake trading activity to mislead retail investors. These schemes, including practices like wash trading, aimed to fabricate the illusion of active trading, violating securities laws. The SEC seeks penalties, including bans and disgorgement, […]
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FTX Co-Founder Gary Wang Walks Free with Time Served
On November 20, a New York district court delivered its verdict for Zixiao “Gary” Wang, co-founder of FTX, including time...
