Dripcee TV
@dripcee199611
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Crypto market makers indicted for the first time in US history π€―
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Federal prosecutors in Boston have filed the first-ever criminal charges against financial firms for crypto market manipulation and wash trading
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Eighteen individuals and entities have been charged with large-scale fraud and manipulation of the market, including the heads of market-making companies Gotbit, ZM Quant, CLS Global, MyTrad
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Four defendants pleaded guilty, and one other agreed to do so. Three were arrested in Texas, the UK and Portugal. More than $25M in crypto was seized, and trading bots responsible for fictitious trading for about 60 digital assets were deactivated.
π― According to the indictment, the defendants artificially inflated trading activity to create the appearance of active trading activity, which βhelped position the tokens as good investments.β These deceptive practices allegedly attracted new buyers, which caused the asset prices to rise. The defendants then sold their tokens at high prices. 0 reply
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Binance is excited to introduce the 60th project on Binance Launchpool β Scroll (SCR), a Bytecode-level compatible zkEVM Rollup solution.
Users will have the opportunity to stake BNB and FDUSD to receive SCR airdrops over a two-day period, with farming starting at 00:00 (UTC) on 09/10/2024.
SCR Launchpool Details
Scroll is a Layer 2 solution for Ethereum, similar to zkSync and Starknet, utilizing zk Rollup (zero knowledge rollup) technology. The project supports a highly Ethereum-compatible zkEVM environment, allowing developers to easily migrate Solidity-based applications from EVM chains to Scroll.
Token Name: Scroll (SCR)
Total and Max Supply: 1,000,000,000 SCR
Launchpool Rewards: 55,000,000 SCR (5.5% of total supply)
Initial Circulating Supply on Binance Listing: 190,000,000 SCR (19% of total supply)
Network: Scroll
Smart Contract: 0xd29687c813D741E2F938F4aC377128810E217b1b 0 reply
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