Major Crackdown: Crypto Firms Face Charges of Market Manipulation in U.S. Sting Operation

In a significant development for the cryptocurrency landscape, federal authorities in the United States have initiated legal action against multiple cryptocurrency firms, accusing them of orchestrating a scheme designed to manipulate the digital asset markets. The operation, executed by the Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC), marks one of the most formidable crackdowns on crypto-related misconduct in recent memory.

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