Tagged: market manipulation

JPMorgan Partners with Fintech Affinity Capital to Offer Financial Assets based Around Loyalty Points Trading

JPMorgan, the largest US bank and the world’s sixth largest in terms of total assets, is reportedly working with Fintech firm Affinity Capital Exchange, in order to develop new types of financial assets – which will be based around the trading of loyalty point portfolios…. Read More

Little “Evidence” of Manipulative Practices on Crypto Exchanges Bitfinex, Kraken, but Huobi, OKEx showed “Overwhelming” Signs of Such Activities: Report

The Blockchain Research Lab published a report on August 20, 2020, in which it noted that previous studies have alleged or found that cryptocurrency exchanges use wash trading to “falsely signal their liquidity.” The team at Blockchain Research Lab said they had monitored twelve digital… Read More

Machine Learning, a Specific AI Application, Poses Challenges for Market Surveillance, but Might Help Identify Manipulative Activities: Report

Machine learning (ML) is increasingly being used in trading in order to help investors with improving their decision-making and trade execution strategies. However, ML poses various challenges when it comes to capital markets surveillance, but its proponents argue that the technology serves a useful purpose…. Read More

Lawsuit Filed Against BitMEX, a Major Cryptocurrency Derivatives Exchange, for Allegedly Engaging in Illegal Activities like Money Laundering, Racketeering

A lawsuit was filed on May 16, 2020, against HDR Global Trading Ltd, the parent company of the Hong Kong-operated Bitcoin Mercantile Exchange (BitMEX), a leading digital currency derivatives exchange that averages billions of dollars worth of daily trading volume. The 106-page lawsuit has also… Read More

New Analysis Claims that Ethereum (ETH) Price Might be Manipulated by Certain Large Crypto Exchanges and “Whales”

A recent analysis of the top 10,000 Ethereum (ETH) wallet addresses suggests that the world’s second-largest digital asset (by market cap and overall adoption) could potentially see its value increase significantly in the foreseeable future. This, as the blockchain network prepares to transition from proof-of-work… Read More

Digital Asset Exchange Bitfinex Introduces New Surveillance Tool, Shimmer, to Combat Crypto Market Abuse

Digital asset exchange Bitfinex has introduced a new surveillance tool, called “Shimmer,” reportedly in order to combat cryptocurrency market manipulation and other types of abuse. The tool will also help promote “orderly trading” on the exchange, according to the company. Bitfinex has been the target… Read More

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