
CFTC targets Gemini exchange for lying about wash trades, market-maker loans
Gemini stands accused of lying to U.S. federal regulators about market-makers wash trading to artificially goose the digital currency exchange’s trading volume.
Gemini stands accused of lying to U.S. federal regulators about market-makers wash trading to artificially goose the digital currency exchange’s trading volume.
CEO Cole Diamond, founder and President Virgile Rostand, and CCO Felix Mazer are accused of intentionally manipulating markets.
CryptoCompare’s Exchange Benchmark seeks to bring more clarity and transparency to the cryptocurrency sector.
The crypto exchange is currently under fire with claims that the company built its business on “fake volume,” and that CEO Changpeng Zhao’s power “is built on violation of trust.”
MyCrypto says that not only did FCoin encourage activity for shit tokens, but that an actual scam coin made it into FCoin’s listing contest.