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DOJ Indicts 10 Staff at Four Crypto Market Makers Over Alleged Pump-and-Dump Schemes
The U.S. Department of Justice charged 10 executives and employees tied to four crypto market-making firms over alleged schemes to artificially inflate trading volume and token prices. The DOJ said three defendants were arrested in Singapore, extradited to the U.S., and made an initial court appearance in Oakland on Monday. Authorities also reported seizing more than $1 million in cryptocurrency, while BTC was trading in the highs $68k at the time of writing.
BTC
BTC+2.63%
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XRP Bollinger Midline at $1.99 Holds as Key Barrier; DOGE Sees 900M Bithumb Outflow and BTC April Stats
XRP ended the latest month with a close below the Bollinger Bands midline at $1.99, keeping the lower band near $0.62 as the main downside reference. Separately, 900 million DOGE (about $83 million) was withdrawn from Bithumb to unknown wallets within one hour, while Bitcoin entered April holding above $68,000 as traders watch macro and policy events for direction.
XRP
XRP+2.39%
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US Wash-Trading Probe Heads to Court After 3 Extraditions and 10 Charges
Three crypto market-making executives extradited from Singapore appeared in federal court in Oakland on Monday, as US prosecutors expanded a wash-trading case to 10 foreign nationals tied to four firms. The US Justice Department said the matter traces conduct back to 2018 and alleges coordinated trading used to inflate token prices and volumes; the broader crackdown grew out of an undercover operation unsealed in October 2024.
ETH
ETH+2.78%
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Bitgo Prime launches unified financing platform for institutional borrowing on March 31, 2026
Bitgo Prime said it launched an integrated digital asset financing platform in New York on March 31, 2026, aiming to simplify collateralized borrowing and lending for institutional clients. The setup combines borrowing, lending, and collateral management in one workflow and supports liquid assets, locked tokens, and staked positions. It also enables crypto-backed loans against BTC, ETH, SOL, and various stablecoins through Bitgo's interface.
BTC
BTC+2.63%
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