Tag: Wash

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US court fines UAE crypto firm CLS Global $428K for wash trading

US court fines UAE crypto firm CLS Global $428K for wash trading

Authorities in the US state of Massachusetts continue targeting unlawful cryptocurrency market practices, with a local court fining crypto financial s [...]
US court fines UAE crypto firm CLS Global $428K for wash trading

US court fines UAE crypto firm CLS Global $428K for wash trading

Authorities in the US state of Massachusetts continue targeting unlawful cryptocurrency market practices, with a local court fining crypto financial s [...]
MyTrade Operator Pleads Guilty to DOJ Wash Trading Charges

MyTrade Operator Pleads Guilty to DOJ Wash Trading Charges

Liu Zhou, 39, said to be from China and Canada, will be sentenced early next year in federal court for "the wash trading of client cryptocurrencies ac [...]
Fortune Claims Polymarket Is ‘Rife’ With Wash Trading

Fortune Claims Polymarket Is ‘Rife’ With Wash Trading

The Fortune article, which debuted about a week after suspicions of a different kind of manipulation on Polymarket, cited research done by two blockch [...]
It's Possible You Shouldn't Tell Journalists About Your Wash Trading Biz

It's Possible You Shouldn't Tell Journalists About Your Wash Trading Biz

Last week, the Department of Justice announced charges against over a dozen individuals and entities, arguing these market makers were actually wash t [...]
Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo

Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo

In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop. www.coindesk.com [...]
U.S. President Again Proposes Crypto Mining Tax, ‘Wash Sale Rule’ for Digital Assets in New Budget

U.S. President Again Proposes Crypto Mining Tax, ‘Wash Sale Rule’ for Digital Assets in New Budget

According to a summary table, the administration projects it could generate over $1 billion in the 2025 fiscal year by including digital asset transac [...]
Next Year Crypto Will Wash Away the Stains of the ICO Boom

Next Year Crypto Will Wash Away the Stains of the ICO Boom

The RWA market is massive, and tokenization is only getting started. This movement will forever change how people view and access investments — be the [...]
Decentralized exchanges a magnet for crypto wash traders: Solidus Labs

Decentralized exchanges a magnet for crypto wash traders: Solidus Labs

Over 20,000 crypto tokens have been manipulated via decentralized exchange (DEX) wash trading in the last three years, according to market surveillanc [...]
Celsius creditors allege Wintermute facilitated ‘wash trading’: Report

Celsius creditors allege Wintermute facilitated ‘wash trading’: Report

Creditors of bankrupt cryptocurrency lending platform Celsius have alleged that crypto market maker Wintermute assisted Celsius executives in manipula [...]
Taiwan says will it keep talking to US on forex policies

Taiwan says will it keep talking to US on forex policies

TAIPEI, June 17 (Reuters) - Taiwan's central bank said on Saturday it has smooth communication channels with the U.S. Treasury Department and will kee [...]
NFT wash trading increases by 126% in February: data

NFT wash trading increases by 126% in February: data

The top six nonfungible token (NFT) marketplaces saw a rise in NFT wash trading for the fourth straight month with a total volume of $580 million.Acco [...]
Learn to spot the signs of wash trading – Cointelegraph Magazine

Learn to spot the signs of wash trading – Cointelegraph Magazine

Wash trading on nonfungible token (NFT) marketplaces is back in the spotlight after critics claimed the fast-growing NFT marketplace Blu [...]
Biden wants to double capital gains and clamp down on crypto wash sales: Reports

Biden wants to double capital gains and clamp down on crypto wash sales: Reports

U.S. President Joe Biden’s upcoming budget proposal has a few surprises for crypto traders and investors, including a proposed doubling of capital gai [...]
Wash trading will cause crypto’s next implosion: Mark Cuban

Wash trading will cause crypto’s next implosion: Mark Cuban

Crypto token wash trading on centralized exchanges will be the cause of the next crypto “implosion,” according to billionaire Dallas Mavericks owner a [...]
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