Liu Zhou told undercover agents the objective was to make other buyers lose money, according to the Justice Department.

Liu Zhou, the founder of MyTrade, has been fined $10,000 for using bots to wash trade 60 cryptocurrencies. According to the Justice Department, Zhou informed undercover agents that the aim was to cause financial losses for other buyers.

MyTrade Founder Fined $10K Over Bots That Wash Traded 60 Cryptocurrencies

MyTrade founder Liu Zhou was fined $10,000 after admitting that his crypto market-making platform used bots to conduct wash trades for dozens of tokens. MyTrade founder receives $10,000 fine A federal court in Boston ordered Liu Zhou, the founder and&#8230;

Liu Zhou, the founder of MyTrade, was fined $10,000 by a federal court in Boston after admitting that his crypto market-making platform utilized bots to conduct wash trades involving multiple tokens.

MyTrade founder fined $10K over crypto wash trading

تم تغريم ليو زو، مؤسس MyTrade، 10,000 دولار من قبل محكمة فدرالية لاستخدامه الروبوتات في تداولات غسيل 60 عملة مشفرة. وكشف وزارة العدل أن نية زو كانت التسبب في خسائر مالية للآخرين، مما يبرز التدقيق التنظيمي المستمر في سوق العملات المشفرة.

Liu Zhou, el fundador de MyTrade, ha sido multado con $10,000 por un tribunal federal por usar bots para realizar operaciones de lavado en 60 criptomonedas. El Departamento de Justicia reveló que la intención de Zhou era causar pérdidas financieras a otros compradores, destacando el continuo escrutinio regulatorio en el mercado de criptomonedas.

Liu Zhou, le fondateur de MyTrade, a été condamné à une amende de 10 000 $ par un tribunal fédéral pour avoir utilisé des bots pour effectuer des transactions fictives sur 60 cryptomonnaies. Le ministère de la Justice a révélé que l'intention de Zhou était de causer des pertes financières à d'autres acheteurs, soulignant le contrôle réglementaire en cours sur le marché des cryptomonnaies.

MyTrade Founder Fined $10K Over Wash Trading of Cryptocurrencies

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MyTrade Founder Fined $10K Over Wash Trading of Cryptocurrencies

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MyTrade Founder Fined $10K Over Bots That Wash Traded 60 Cryptocurrencies

MyTrade founder fined $10K over crypto wash trading

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