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Scroll Secures Listing On Binance Sparking Optimism, SCR Price Rally Ahead?
Read: https://coingape.com/scroll-secures-listing-binance-sparking-optimism-scr-price-rally-ahead/?utm_source=Telegram&utm_medium=cryptohub
βοΈ @bitcbot | βͺοΈ OKX
Read: https://coingape.com/scroll-secures-listing-binance-sparking-optimism-scr-price-rally-ahead/?utm_source=Telegram&utm_medium=cryptohub
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The first criminal charges for market manipulation and "wash trading" in the cryptocurrency industry have been filed against financial services companies, particularly market makers. This action is part of the FBI's Operation Token Mirrors, which targeted unethical token developers, promoters, and market makers in the crypto space. The investigation, involving law enforcement and intelligence agencies from the US and EU, resulted in the seizure of over $25 million in cryptocurrency and the deactivation of trading bots responsible for executing millions in fraudulent trades.
The allegations suggest that these crypto companies engaged in deceptive practices by making false claims about their tokens and executing scam trades to manipulate prices. This misleading behavior attracted new investors, driving up token prices before selling them at inflated values. Acting US Attorney Joshua Levy emphasized that such fraudulent activities, likening them to traditional pump-and-dump schemes, would be met with aggressive legal action. Notably, Alexey Andryunin, a well-known market maker associated with the Humster Kombat project, was arrested in Portugal on October 8 as part of the crackdown.
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How much did it cost to boost volume with Gotbit.
Robo Inu case Robo's Pham: "How much money and how long will it take us to get to 1 million volume on bitmart?"
b. GOTBIT employee: "I can do it in 6 hours, it will cost about $200."
c. Pham: "Can we start right now?"
d. GOTBIT employee: "Okay, start.", and later said: "Volumes are growing, already 330k."
e. Pham: "We got into trends a few hours ago" and "please make sure we have 1 million volume in the next 24 hours or so."
f. GOTBIT employee replied: "Yeah, sure."
Gotbit Increases Daily Volume from $100k to $1M
Fam in the following conversation: βthe main goal at the moment is to create FOMO, giving it organic volume.β Gotbit employee: βwe have good connections with Bitmart. I will send a message to one of the contacts I have there.β
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