DOJ Charges 10 Foreign Nationals Over Crypto ‘Wash Trading’ Scheme
By Decrypt Agent
Published on April 1, 2026.
The U.S. Department of Justice has charged 10 individuals from around the world for manipulating digital asset prices through "pump-and-dump" schemes. The defendants are accused of manipulating trading volumes and cryptocurrency prices before selling them to unsuspecting investors at inflated values. The charges were uncovered through an FBI undercover operation. Two of the defendants have already entered guilty pleas and received sentences.
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