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SEC files charges against Cumberland for unregistered securities dealings.

SEC Files Charges Against Cumberland for Operating as Unregistered Securities Dealer

The Securities and Exchange Commission (SEC) has taken legal action against Cumberland DRW. The agency accuses the crypto market maker of operating as an unregistered securities dealer. Cumberland strongly disputes these claims.  The SEC’s case raises a critical question: Are

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South Korea investigates Upbit for antitrust violations.

South Korea Launches Antitrust Investigation into Upbit Exchange

The South Korean government has started an antitrust investigation into Upbit, the country’s largest cryptocurrency exchange. The probe targets Upbit’s market dominance and possible violations of competition laws.  Kim Byung-hwan, head of South Korea‘s Financial Services Commission, announced the investigation

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FBI charges Gotbit, ZM Quant, and CLS Global in a major crypto market manipulation sting.

FBI Targets Gotbit and Others in Major Crypto Market Manipulation Sting

In a major crackdown on crypto market manipulation, federal prosecutors have filed charges against three companies and 15 individuals. The accused include Gotbit, ZM Quant, and CLS Global, all facing allegations of sham trading and market manipulation.  Source: https://fortune.com/crypto/2024/10/09/fbi-doj-crypto-market-manipulation-fraud-charges/ FBI’s

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