#manipulation
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Trader Faces Charges for $110 Million DeFi Scheme
U.S. authorities have indicted trader Avraham Eisenberg for orchestrating a fraud and market manipulation scheme on the decentralized exchange Mango Markets. The reports indicate that in late 2022, he intentionally drove up the price of the MNGO token by 1300%, leveraging it as collateral to secure a $110 million loan he failed to return. South Korea Clamps Down on Cryptocurrency Manipulations
Effective July 19, South Korea's new Virtual Asset User Protection Act will come into force, criminalizing market manipulation, illicit and insider trading within the cryptocurrency sector. Offenders face severe penalties, including a minimum fine of three times the amount of profit gained or imprisonment. 
What's Up with USDT?
The CEO of Binance has repeatedly aired his distrust of USDT, dubbing it a "black box" due to its lack of transparency in audits and reports.
Also, Binance listed a new stablecoin, FDUSD, on July 26th, that has seen a rapid rise in capitalization. They are in the process of designing their own algorithmic stablecoin and are open to listing more USDT equivalents on their exchange.
Meanwhile, Tether's CTO has hinted at CZ's involvement in market manipulation in the stablecoin sector, mentioning a 10 basis point USDT depeg on July 28th.
"Isn't it interesting that USDt is being pressured down (slightly, within 10bps, just to push market makers to react), and USDc, the main competitor that you would expect being gaining from the situation, is redeemed heavily nevertheless, while suddenly a competitor born 2 days ago is getting it all? Exactly! It feels definitely organic and not manipulative at all. Some people never learn."
For the record, the Twitter account of First Digital Labs (FDUSD) has a mere 585 followers.
It's intriguing to watch the outcome of this power struggle. Is this just the tip of the iceberg?
Fingers crossed, this won't escalate into a challenge for a bout in the octagon, as seems to be a popular move among billionaires... 
Bitcoin Takes a Dive: What Caused the Drop Below $20,000?
In March, the cryptocurrency market had a rough time, with the price of Bitcoin dropping below $20,000 once again. Contrary to some speculation, this drop was not due to market manipulation by so-called "market-makers" nor was it caused by the USDC depeg from the US dollar, as that happened later. So what actually caused this price drop? 
Gotbit Founder Faces Up to 20 Years in Prison
The U.S. Department of Justice has filed charges against Aleksei Andriunin, the 26-year-old Russian founder of Gotbit, alleging his involvement in a large-scale cryptocurrency market manipulation scheme. According to investigators, Gotbit provided services that artificially boosted trading volumes for tokens of various crypto companies, including some based in the U.S., with the intent to manipulate prices.OpenAI Halts AI Misuse
Over the past three months, OpenAI has disrupted five influence operations (IO) where unidentified users misused the company's products for unauthorized activities including generating fake content and political manipulation. These operations predominantly involved creating brief comments, articles in various languages, and text translations. Texas Crypto Investor Charged for Concealing $4 Million Income
A federal grand jury has confirmed charges against Frank Richard Ahlgren III, a resident of Texas, for filing false tax returns and engaging in deposit manipulation to avoid tax payments. The unreported income is estimated at around $4 million. The Crypto Garden: How Blockchain Changes the Agriculture
Turns out crypto is suitable not only for meme coins and market manipulation, but also for maintaining the high quality of the food you are getting. For over 5 years technology powering Ethereum, NFT’s and Dogecoin has been solving the problem of agricultural digitalization. But how’s that possible and why blockchain is used for this purpose? 
Musk's Crypto Manipulation Continues!
The tech tycoon has stirred the online world yet again by displaying the fresh emblem of Twitter and Dogecoin as his profile location.
While the overall market is submerged in a sea of red, DOGE has managed to record a 9% surge within a day, now exchanging at $0.077. 
Crypto Leaks: a new round in the fight against digital fraud and corruption
Digital fraud, corruption, and market manipulation are phenomena from which numerous cryptocurrency holders suffer yearly losses. Blockchain enthusiasts from the Crypto Leaks project are ready to challenge the attackers and protect crypto community members. 1 - 20 of 20 results