Home AltCoinBuzz CLS Global Fined $428K for Wash Trading in FBI Sting Operation

CLS Global Fined $428K for Wash Trading in FBI Sting Operation

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Bitcoin The FBI recently uncovered a wash trading scheme involving CLS Global, a crypto market-making firm based in the United Arab Emirates. Following that, a US federal court in Boston fined the company $428,059. The Massachusetts U.S. Attorney’s Office revealed that CLS Global pleaded guilty to conspiracy to commit market manipulation and wire fraud…
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