BTC $83,400.12 +2.53%
ETH $2,459.91 +3.31%
BNB $748.00 +2.84%
XRP $1.36 +5.25%
SOL $106.90 +2.80%
TRX $0.3308 -0.30%
DOGE $0.0820 +3.98%
ADA $0.2251 +4.56%
BCH $287.42 +4.95%
LINK $12.39 +3.91%
HYPE $81.19 +3.50%
AAVE $156.16 +5.37%
SUI $1.03 +4.63%
XLM $0.1844 +5.03%
ZEC $1,267.39 +12.29%
AAPL $338.08 -0.69%
AMZN $263.23 -0.08%
GOOGL $341.23 -0.81%
MSFT $528.71 -1.17%
META $693.53 -1.58%
NVDA $220.03 +1.50%
TSLA $380.60 +3.13%
SNDK $1,403.20 +4.98%
INTC $94.14 +3.70%
SPCX $162.16 +10.55%
MU $918.59 +3.91%
AMD $546.00 +3.07%
BTC $83,400.12 +2.53%
ETH $2,459.91 +3.31%
BNB $748.00 +2.84%
XRP $1.36 +5.25%
SOL $106.90 +2.80%
TRX $0.3308 -0.30%
DOGE $0.0820 +3.98%
ADA $0.2251 +4.56%
BCH $287.42 +4.95%
LINK $12.39 +3.91%
HYPE $81.19 +3.50%
AAVE $156.16 +5.37%
SUI $1.03 +4.63%
XLM $0.1844 +5.03%
ZEC $1,267.39 +12.29%
AAPL $338.08 -0.69%
AMZN $263.23 -0.08%
GOOGL $341.23 -0.81%
MSFT $528.71 -1.17%
META $693.53 -1.58%
NVDA $220.03 +1.50%
TSLA $380.60 +3.13%
SNDK $1,403.20 +4.98%
INTC $94.14 +3.70%
SPCX $162.16 +10.55%
MU $918.59 +3.91%
AMD $546.00 +3.07%

SEC: Cryptocurrency market maker CLS Global FZC has acknowledged violations of securities laws

2025-04-17 21:58:00

According to ChainCatcher news, the U.S. Securities and Exchange Commission (SEC) announced that the Massachusetts District Court has made a final ruling against CLS Global FZC LLC, a UAE company claiming to be a cryptocurrency market maker, finding it in violation of securities laws.
The SEC accused CLS Global of participating in a scheme to manipulate the "NexFundAI" market, issuing and selling the cryptocurrency as a security to retail investors, and inducing investors to purchase by creating the illusion of active trading. CLS Global agreed to the judgment and is required to pay a civil penalty of $425,000, a disgorgement of $3,000, and pre-judgment interest of $80.39.

app_icon
ChainCatcher Building the Web3 world with innovations.