Reported about 4 hours ago
The U.S. has charged three cryptocurrency firms and 15 individuals for fraud and market manipulation, resulting in four arrests and the seizure of over $25 million in cryptocurrency. The charges stem from a fraudulent scheme involving artificial inflation of trading volumes and a pump-and-dump operation targeting investors. This case represents a convergence of modern technology and traditional fraud tactics, involving significant manipulation of various cryptocurrency tokens.
Source: YAHOO