Illinois State Senator Mark Walter’s Crypto Fraud Bill Advances

Illinois State Senator Mark Walker’s Crypto Fraud Bill, known as the Digital Assets and Consumer Protection Act, progresses through the Senate, potentially reshaping how crypto activity is regulated within the state.
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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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