GameStop rally sends Roaring Kittys shares to $1B

If GameStop opens at its current after-hours price, Roaring Kittys holdings would be worth around $1 billion.

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Roaring Kittys $300M GME position sparks market manipulation claims

The allegations come weeks after Citron Research revealed its short position in GameStop.

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3 ways traders can avoid trading tokens with manipulated volumes

Manipulated trading volumes are rampant on some crypto exchanges. Here are three ways to use data to avoid being washed out.

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Waka Flocka Flame token launch faces insider trading allegations

Around 40% of the coins total supply was scooped up before Waka Flocka Flame announced the launch.

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HK SFC: Sentencing Adjourned in Market Manipulation Case

Sentencing in a significant market manipulation case has been postponed, according to the Securities and Futures Commission. (Read More)

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Binance denies reports of DWF Labs market manipulation

DWF Labs was first hit by market manipulation accusations in September 2023.

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Insider trading claims over MAGA token sell-off debunked as MEV bot activity

An insider sold MAGA tokens worth over $1 million, sparking debate over market manipulation and revealing potential MEV bot activity.

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Avraham Eisenberg, Mango Markets Exploiter, Charged with Possession of Child Pornography

Avraham Eisenberg, convicted of fraud and market manipulation in a $110 million Mango Markets heist, has been charged with possession of child pornography after discovering explicit images of minors on his electronic devices. (Read More)

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Insiders Say SEC Deems Blackrock’s Spot Bitcoin ETF and Other Applications as Inadequate

According to a report citing “people familiar with the matter,” the U.S. Securities and Exchange Commission has allegedly informed Nasdaq and Cboe that Blackrock’s registration for a bitcoin exchange-traded fund (ETF) and the multitude of other spot bitcoin ETF applications currently in progress are considered inadequate. SEC Reportedly Finds Flaw in the Latest Slew of [...]

The post Insiders Say SEC Deems Blackrock’s Spot Bitcoin ETF and Other Applications as Inadequate appeared first on Crypto Breaking News.

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Double Standards in Finance: SBF’s Legal Troubles Spark Concerns

Cryptocurrencies and DeFi have shaken up the world of finance, but the spotlight on Sam Bankman-Fried (SBF), the mysterious FTX founder, has raised serious concerns about how the U.S. government handles financial regulation and fairness. SBF faces some serious accusations like misusing customer funds, market manipulation, insider trading, witness tampering, and money laundering. Some folks [...]

The post Double Standards in Finance: SBF’s Legal Troubles Spark Concerns appeared first on Crypto Breaking News.

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Binance faces investor backlash and Bitcoin withdrawals following CFTC lawsuit

Binance CEO, Changpeng Zhao, denies market manipulation allegations made by the CFTC. However, investors withdrew over 3,400 BTC from Binance within 24 hours of the lawsuit announcement, leading to a decrease in Binance's total Bitcoin balance while competing exchanges saw an increase. (Read More)

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Celsius Creditors Seek Help from Bankruptcy Judge to Uncover Potential Market Manipulation

Celsius creditors are requesting subpoenas to uncover suspicious trades of CEL token on FTX between April and August 2022, seeking to determine if they were legitimate or constituted market manipulation. This information could be crucial in resolving disputes related to Celsius' bankruptcy. Meanwhile, FTX is pending approval to sell LedgerX for approximately $50 million. (Read More)

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Breaking: Binance CEO CZ rejects allegations of market manipulation

Binance CEO Changpeng ‘CZ’ Zhao has rejected allegations from the Commodities Futures and Trading Commission complaint, arguing the company “does not trade for profit or ‘manipulate’ the market under any circumstances.” The chief executive shared his first official response to the lawsuit in a March 28 blog post. The CEO argued that while Binance “trades” [...]

The post Breaking: Binance CEO CZ rejects allegations of market manipulation appeared first on Crypto Breaking News.

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5 Charged for Hydro Token Market Manipulation

The US Department of Justice has charged five individuals for conspiring to manipulate the market in relation to an alleged scheme involving the Hydro (HYDRO) token. The charges include conspiracy to commit securities price manipulation and wire fraud, with potential penalties ranging from five years to 20 years in prison. The alleged manipulation of the Hydro token price resulted in the co-conspirators making an approximate total of $2 million in ill-gotten profits. In addition, Hydrogen Technology Corporation and former CEO Michael Ross Kane were ordered to pay $2.8 million in remedies and civil penalties in a separate case brought by the Securities and Exchange Commission. (Read More)

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What is wash trading? Why is it illegal in 2023?

The crypto market is plagued with a plethora of trading mechanisms, that are both twisted and illegal. Investors are looking to make quick money, and as a consequence take up practices that are not only illegal but also weaken the crypto space in general. As informed users who intend on making educated and fruitful financial […]

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FTX's Bankman-Fried to face market manipulation probe, Do Kwon chimes in

As part of a broader inquiry into FTX's collapse, federal prosecutors are looking at the role that FTX and Alameda may have played in the fall of Terra LUNA.

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Gibraltar rolls out new virtual asset regulation to combat market abuse

The document will require crypto companies to seek and prevent insider trading and market manipulation.

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Crypto Firms Unite to Form Market Integrity Coalition

Coalition focuses on cultivating a fair crypto marketplace by combating market abuse and manipulation.

Continue reading Crypto Firms Unite to Form Market Integrity Coalition at DailyCoin.com.

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Crypto Exchange Bitsonic CEO Sentenced to 7 Years for $8.4 Million Fraud and Market Manipulation

The CEO of cryptocurrency exchange Bitsonic has been sentenced to 7 years for inflating trading volumes and embezzling $8.4M, marking a significant legal action against crypto fraud. (Read More)

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Celsius Founder Alex Mashinsky’s Bail Set at $40 Million, Travel Restricted Amid Fraud Charges

Just before the now-defunct crypto lender Celsius was charged by three U.S. federal regulators — the Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), and Federal Trade Commission (FTC) — its former CEO, Alexander Mashinsky, was arrested on fraud charges Thursday. A U.S. judge has set Mashinsky’s bail at $40 million and restricted [...]

The post Celsius Founder Alex Mashinsky’s Bail Set at $40 Million, Travel Restricted Amid Fraud Charges appeared first on Crypto Breaking News.

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