-
Ten Foreign Nationals Charged In An International Operation Targeting Cryptocurrency Market Manipulation
Federal grand juries indicted ten executives and employees of four different cryptocurrency financial services firms (known as “market makers”) for orchestrating fraud schemes to artificially inflate the trading volume and price of cryptocurrencies. Three defendants, including two chief executive officers, were arrested and extradited from Singapore and made their initial appearance in federal court in Oakland today. Employees from the four firms, Gotbit, Vortex, Antier, and Contrarian, have been charged in three separate indictments. The indictments allege that the defendants not only conspired to inflate the ... (full story)