US Court Fines Crypto Services Firm CLS Global for Wash Trading

CLS Global faced a $428,000 penalty from a U.S. court for orchestrating over 80,000 wash trades on Uniswap, exposing how market makers may distort token prices and raising concerns about manipulation in decentralized crypto platforms.
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Weekly Crypto Regulation News Roundup: Lawmakers Question if Trump Influences SEC, Fed’s CBDC Bill Blocked

In this edition of the Weekly Crypto Regulation News, lawmakers press the SEC on Trump-linked crypto ties, the Fed faces CBDC hurdles, and bipartisan support boosts stablecoin legislation while the CFTC adjusts its crypto stance.
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