Court records and official announcements from the U.S. Department of Justice

U.S. Charges Gotbit, ZM Quant, CLS Global, MyTrade, 14 Individuals in First Crypto Fraud Case

Oct 9, 2024, 07:08 PM

U.S. prosecutors have charged 14 individuals and four cryptocurrency companies for widespread market manipulation and fraud in what marks the first criminal prosecution against financial services firms in the crypto sector. The firms involved include Gotbit, ZM Quant, CLS Global, and MyTrade. Indictments are sealed, and no further details are available at this time.