Earlier at this time, U.S. federal prosecutors charged crypto buying and selling corporations Gotbit, ZM Quant, CLS World and MyTrade and their staff with market manipulation and fraud. Notably, a CoinDesk report in 2019 detailed how Alexey Andryunin, the co-founder of Gotbit and one of many people charged by prosecutors, constructed a enterprise out of faking change volumes for tiny crypto tokens utilizing buying and selling bots to get listed on worth aggregators like CoinMarketCap.