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CryptoGlobe
2024-05-09 21:11:00

Binance Under Fire: Investigators Allege Market Manipulation by Major Client

Leading cryptocurrency exchange Binance has started facing questions surrounding its handling of potential market manipulation, after a team of investigators suggested Web3 investment and market making firm DWF Labs was manipulating the market. According to a Wall Street Journal report citing Binance insiders, investigators identified $300 million worth of wash trades allegedly conducted by DWF

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