Dubai’s CLS Global Pleads Guilty To Wash Trading Charges On Uniswap, US Prosecutors Reveal

CLS Global, a Dubai-based cryptocurrency market maker, has agreed to plead guilty to charges of wash trading on the decentralized trading platform Uniswap, according to an announcement by US prosecutors from the District of Massachusetts on 21 January 2025. As part of the plea deal, CLS Global will pay $428,059 to the US government, comprising … Read more

Trump’s Crypto Venture Erodes Confidence in Digital Assets, Executives Say

More voices in the crypto industry are criticizing the Trump family’s launch of memecoins just before the inauguration. Memecoin Launches a ‘Blight’ Key voices in the crypto industry continue to criticize the Trump family’s launch of memecoins just before the inauguration. Many argue that the launch puts the entire crypto industry at a disadvantage, particularly … Read more

Record Highs Amid Trump’s Growing Crypto Influence

Bitcoin surged to a high of $120,000 on January 20, 2025, marking its second record-breaking peak in a single day after earlier reaching $109,114. The cryptocurrency’s price movement has been marked by major volatility, falling as low as $99,470 before staging multiple recoveries. The latest surge comes amid heightened attention on cryptocurrencies following incoming President … Read more