Market Manipulation

Tesla CEO and Dogecoin fan Elon Musk is being accused of insider trading and market manipulation in a class action lawsuit filed in New York City on Wednesday. Coincidently, Robinhood wallets which are many times linked to Elon Musk witnessed massive reshuffling of Dogecoin (CRYPTO: DOGE) assets...

Binance CEO Changpeng Zhao says the allegations in the civil complaint filed against the company by the U.S. Commodity Futures Trading Commission (CFTC) are inaccurate and incomplete. Binance and Zhao violated trading and derivatives regulations, the CFTC says. The lawsuit was filed on Monday...

When cryptocurrencies first started gaining the attention of mainstream investors in early 2017, a number of crypto pundits were quick to claim that they could act as an effective hedge against inflation. Citing the limited token supply of cryptocurrencies like Bitcoin (CRYPTO: BTC) as the chief...

Some 70% of unregulated cryptocurrency exchange transactions are wash trading. That's according to a new study from the National Bureau of Economic Research (NBER). Wash trading, the practice of buying and selling a security for the purpose of creating the appearance of increased trading volume...

Former FBI Special Agent Chris Tarbell said Mango Market’s $114 million alleged exploit was a "market manipulation," and not a result of the hack.  What Happened: According to the FBI agent, the hacker didn’t intend to get “into a system and get unauthorized access...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has ruffled enough feathers with his fervent tweets on cryptocurrency that a group has launched a whole new project aimed simply at putting an end to his alleged market manipulation. Benzinga talked to the people behind StopElon (STOPELON) on their ambitious...

Shares of multiple so-called stonks such as AMC Entertainment Holdings Inc. (NYSE: AMC), BlackBerry Limited (NYSE: BB) and Koss Corp. (NASDAQ: KOSS) fell in Wednesday’s trading session after video game retailer GameStop Corp. (NYSE: GME) disclosed that the U.S. Securities and Exchange...

JPMorgan Chase & Co (NYSE: JPM) is negotiating a settlement with authorities in the United States that would resolve allegations related to alleged manipulation of metals and Treasuries markets, the Financial Times reported Wednesday. What Happened: The $1 billion settlement would bring to halt...