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🇺🇸 The U.S. Department of Justice has charged ten executives and employees of the crypto companies Gotbit, Vortex, Antier, and Contrarian with market manipulation.
The accused artificially inflated trading volumes and token prices through fictitious trades. They then sold assets at inflated prices to unsuspecting investors.
An interesting point: the undercover operation was carried out by the FBI and the IRS – agents even created their own tokens to catch scheme participants.