Crypto market maker MyTrade founder Liu Zhou fined $10000 for market manipulation

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The US Department of Justice announced that Liu Zhou, founder of cryptocurrency market maker MyTrade, has been fined $10000 in Boston federal court for his involvement in a conspiracy to manipulate the cryptocurrency market. MyTrade utilizes bots on the MyTrade MM platform to execute fraudulent transactions, artificially creating trading volume and market activity.

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Today 2026-08-19
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