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SYMBOL
LAST
NET CHG.
%CHG.
HIGH
LOW
5813.67
-19.25
-0.33%
5850.94
5811.28
18607.92
-104.83
-0.56%
18785.49
18598.24
42141.54
-91.52
-0.22%
42457.92
42141.54
103.990
+0.040
+ 0.04%
104.070
103.940
1.08490
-0.00069
-0.06%
1.08595
1.08436
1.29484
-0.00132
-0.10%
1.29650
1.29422
2785.24
-1.96
-0.07%
2789.94
2783.46
68.728
-0.162
-0.24%
68.849
68.559
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【MyTrade founder admits to market manipulation】 October 31, according to CoinDesk, the U.S. Department of Justice announced that in the recent market manipulation investigation of multiple cryptocurrency exchanges, MyTrade founder Liu Zhou has pleaded guilty, becoming the first party involved in the case to plead guilty. Liu Zhou admitted to manipulating the market by making false transactions on multiple cryptocurrency exchanges. According to documents from the Department of Justice, 39-year-old Liu Zhou holds dual citizenship of China and Canada. His company MyTrade MM has publicly claimed that it can "trade in the same second" and manipulate the market through "pump and dump". Prosecutors pointed out that the company artificially created trading volume to raise the price of tokens and profit from the losses of uninformed investors. Filipp Veselov, CEO of CLS Global, another exchange in the same case, said that the company has taken the initiative to contact U.S. regulators and is willing to improve business processes and engage in constructive dialogue. The case also involves several exchanges such as Gotbit and ZM Quant, and Liu Zhou will be sentenced in federal court early next year.

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