MyTrade Founder Pleads Guilty in Crypto Wash Trading Scheme Exposed by FBI Sting
MyTrade founder Liu Zhou pleaded guilty after U.S. prosecutors tied the firm’s “Volume Support” service to a wash-trading scheme that faked activity across about 60 cryptos. The case was exposed in an FBI sting using NexFundAI, and it’s a reminder that fake liquidity is just fraud with better branding.
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