CLS Global CEO Filipp Veselov discusses the SEC investigation and reaffirms the company's dedication to compliance.
CLS Global pledges to fully cooperate with U.S. regulatory agencies amid ongoing investigations.
CLS Global commits to cooperating with ongoing U.S. regulatory investigations.
CLS Global has pledged cooperation with U.S. authorities as the SEC, FBI, and DOJ probe its crypto operations.
CLS Global clarifies its position amidst SEC, FBI, and DOJ takedown of fraudulent crypto firms.
CLS Global responds to SEC and DOJ actions against crypto firms, aiming for constructive dialogue to resolve legal issues.
CLS Global addresses its position following actions by the SEC, FBI, and DOJ against fraudulent crypto firms.
A recent FBI sting, Operation Token Mirrors, used a fake crypto project to reveal crypto wash trading by ZM Quant, CLS Global, and MyTrade. Kaiko, a blockchain research firm, supported these findings, highlighting the manipulation extent.
The FBI and federal prosecutors have targeted Gotbit, ZM Quant, CLS Global, and 15 individuals in a sting operation focusing on crypto market manipulation. Extensive evidence, including teleconferences and interviews, highlight sham trading practices. These efforts led to arrests and over $25 million in crypto seizures, signaling potential broader crackdowns on manipulative practices.
US prosecutes 14 individuals and four crypto firms for market manipulation. ZM Quant, a firm involved, allegedly conspired to manipulate trading volumes and prices, violating market integrity. Executives from Gotbit, CLS Global, and MyTrade also face charges. Some individuals have pleaded guilty, signaling potential cooperation with authorities.
US prosecutors in Boston charged Gotbit, ZM Quant, CLS Global, and MyTrade with market manipulation and sham trading in cryptocurrency. Arrests have been made abroad, and five individuals have pleaded guilty or will do so. This prosecution is considered a significant milestone in regulating the crypto market.
CLS Global announces 'Blockchain Fusion,' a networking event for crypto leaders in Singapore, co-hosted by MEW.
Algorithmic trading has become crucial in the cryptocurrency markets, with CLS Global mastering market-making strategies.
CLS Global, a key crypto trading service provider, collaborates with Türkiye's Edu3Labs to offer a decentralized educational platform, bypassing traditional classrooms for skill and knowledge acquisition.
