Today in Crypto, the US Commodity Futures Trading Commission has released a NASDAQ market monitoring tool to break the market abuse. Cronos (CRO) spiked 40% after the Trump Media & Technology Group announced a $ 6.4B Cronos Treasury, and the US appealed to Hashflare co-founders.
US Regulator combines NASDAQ Surveillance Tools to combat market manipulation
The Commodity Futures Trading Commission (CFTC), a US finance regulator, is Integration of a financial tracking tool Developed by Stock Exchange Company Nasdaq in a bid to overhaul the infrastructure of the 1990s.
NASDAQ software is dedicated to exploring the market abuse, including Trade activity of the insider And market manipulation in equities and crypto markets, Tony Sio, head of regulatory strategy and change in Nasdaq, was told in cointelegraph. He said:
“The fixed algorithms see suspicious patterns that are unique to the digital asset markets. It offers real-time reviews of book order data throughout the crypto trading areas and cross-market analytics that can associate activities between the asset’s traditional and digital markets.”
The data fed to the tracking system is “so -so -so -so -so -so -so -so -so -sio.” Sio said.
Cronos of Crypto.com jumped 40% on Trump Media Group CRO Strategy News
Cronos, the native cryptocurrency of the chain of Crypto.com backed Cronos, has climbed multi-year highs following the news of the CRO’s CRO strategy of Trump Media Group CRO.
On Tuesday, the Trump Media and Technology Group announced the launch of a joint of $ 6.4 billion Cronos Treasury with Crypto.com and Yorkville Acquisition.
Cronos (CRO) advanced 25% to $ 0.20 within hours after the announcement, following which CEPTO.com CEO Kris Marszalek was taken to X on Wednesday to report that the Crypto asset advanced 40% following the announcement of the CRO CRO CRO’s approach.
US appeal time served sentences for Hashflare co-founders
On Tuesday, US prosecutors appealed the sentences provided To Hashflare co-founders, who tell a Federal Seattle court that the government is appealing to the sentences given earlier this month to Sergei Potapenko and Ivan Turõgin at the ninth circuit.
Earlier this month, a federal court gave the pair time served after spending 16 months with their native Estonia after their arrest in October 2022, before they were selected in the US in May 2024, where they were Pleaded guilty in conspiracy to make wire fraud.
The government argued that the pair should get 10 years in prison, stating that the Hashflare method caused serious injuries to the victims and the most important fraud that the court had tried. Potapenko and Turõgin Argued for the time served.
Prosecutors said Hashflare’s sales were up to $ 577 million, and co-founders posted fake dashboards that incorrectly reported the company’s mining capacity and returning investors were doing, which in fact pays existing members with funds from newer members.
Potapenko and Turõgin argue that the company’s customers eventually received crypto worth more than their initial investment, especially from increasing crypto market prices since the scheme closed.
