US Court Fines Crypto Services Firm CLS Global for Wash Trading

CLS Global faced a $428,000 penalty from a U. S. court for orchestrating over 80,000 wash trades on Uniswap, exposing how market makers may distort token prices and raising concerns about manipulation in decentralized crypto platforms. source: https://cryptonews.com/news/us-court-fines-crypto-services-firm-cls-global-for-wash-trading/