The FBI charges three crypto firms and 15 people in a major market manipulation sting
In a groundbreaking move, the FBI has charged three cryptocurrency firms—Gotbit, ZM Quant, and CLS Global—along with 15 individuals for market manipulation, marking a significant step in the fight against fraudulent trading in the digital asset arena. This case is particularly notable as it involves the FBI creating a fake cryptocurrency token to ensnare the accused firms in their deceptive practices. The investigation revealed that these companies engaged in sham