U.S. charges 3 companies and 15 individuals for crypto fraud

U.S. charges 3 companies and 15 individuals for crypto fraud

The US has brought the first-ever charges against financial services firms for alleged market manipulation and ‘wash trading’ in the cryptocurrency industry. A total of 18 people and entities have been charged with widespread fraud and manipulation in the cryptocurrency markets, and the charges were unsealed in Boston. Four defendants have pleaded guilty, another has agreed to plead…