[2026-04-01] The latest IT, economic, blockchain and coin news
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2026-04-01 | Curator: CryptoTerminal
DOJ Charges 10 Foreign Nationals Over Crypto ‘Wash Trading’ Scheme
The U.S. Department of Justice announced charges Monday against 10 individuals tied to four “market maker” firms—Gotbit, Vortex, Antier, and Contrarian—accused of manipulating digital asset prices through so-called "pump-and-dump" schemes. Federal prosecutors allege the defendants conspired to artificially inflate trading volumes and cryptocurrency prices before selling to "unwitting investors" at inflated values. "These so-called pump-and-dump schemes caused losses to investors in the United St...
