SEC Sting Bars阿聯酋加密推銷商CLS Global以98％的洗滌交易，罰款42.5萬美元

Hassan是一位Cryptonews.com記者，擁有6年以上Web3新聞業經驗，在Crypto，Web3遊戲，NFTS和Play-to-to-to-to-to-to-to-to-to-to-to-to-to-to-to-to-earn領域中帶來了深厚的知識。

The U.S. Securities and Exchange Commission (SEC) has secured a final judgment in its market manipulation case against CLS Global FZC LLC, a UAE-based crypto market maker. The ruling, issued by the U.S. District Court for the District of Massachusetts on April 7, 2025, concludes a closely watched case involving fraudulent trading practices in the digital asset market.

美國證券交易委員會（SEC）在其市場操縱案件中對CLS Global FZC LLC（一家位於阿聯酋的加密貨幣市場製造商）做出了最終判決。該裁決由美國馬薩諸塞州地區法院於2025年4月7日頒布，裁定一個密切關注的案件，其中涉及數字資產市場中的欺詐性貿易做法。

CLS Global, which describes itself as a crypto asset market maker, was accused by the SEC of orchestrating a scheme to manipulate the market for a crypto asset known as “NexFundAI.” The SEC alleged that the firm created a false appearance of active trading to mislead retail investors into believing there was real market demand for the token, an asset the agency classified as a security.

CLS Global自稱為加密資產市場製造商，由SEC策劃了一項計劃，以操縱市場，以操縱市場，以獲取名為“ Nexfundai”的加密資產。 SEC聲稱，該公司創造了一種虛假的積極交易外觀，以誤導散戶投資者認為對代幣有真正的市場需求，這是該機構被列為安全的資產。

According to the SEC, CLS Global’s trades accounted for approximately 98% of NexFundAI’s total trading volume during the relevant period. These trades, which were executed on Uniswap, a decentralized exchange, were intended to inflate volume and deceive investors.

根據SEC的數據，CLS Global的交易約佔Nexfundai在相關期間總交易量的98％。這些交易是在分散的交易所Uniswap執行的，旨在使數量和欺騙投資者膨脹。

The final judgment, which CLS Global consented to without admitting or denying the allegations, includes an injunction prohibiting future violations of U.S. securities laws. The firm must pay a $425,000 civil penalty, disgorge $3,000 in profits, and pay $80.39 in prejudgment interest. The ruling also bans CLS Global from conducting business with U.S. persons or entities and requires the company to implement new client screening procedures within 30 days.

CLS全球同意的最終判決未承認或否認指控，其中包括禁止未來違反美國證券法的禁令。該公司必須支付$ 425,000的民事罰款，將3,000美元的利潤付款，並支付80.39美元的判決利息。該裁決還禁止CLS Global與美國人或實體開展業務，並要求公司在30天內實施新的客戶篩選程序。

This civil resolution follows CLS Global’s guilty plea in a parallel criminal case, announced in January 2025, led by the U.S. Department of Justice. In that case, the FBI revealed it had created NexFundAI as a “trap token” designed to expose fraudulent market-making activity. CLS Global was among several firms caught manipulating trading volumes during the sting operation.

該民事決議遵循CLS Global在2025年1月由美國司法部領導的平行刑事案件中的有罪認罪。在這種情況下，聯邦調查局透露，它已將Nexfundai作為“陷阱代幣”，旨在暴露欺詐性的營銷活動。 CLS Global是在刺痛行動期間操縱交易量的幾家公司之一。

“With this final judgment, the SEC reinforces its commitment to holding market manipulators accountable and protecting investors from deceptive practices,” said David D’Addio, one of the SEC attorneys involved in the case.

“通過這項最終判決，SEC加強了對市場操縱者負責並保護投資者免受欺騙性做法的承諾，”參與此案的SEC律師之一David D'Addio說。

The case is seen as a major regulatory victory in the broader crackdown on crypto-related fraud. It also indicates the increasing use of advanced enforcement tactics, such as trap tokens, to detect and deter misconduct in decentralized finance markets.

該案被視為對加密相關欺詐的更廣泛鎮壓的主要監管勝利。這也表明，在分散的金融市場中檢測和阻止不當行為的高級執法策略（例如陷阱令牌）的使用日益增加。

The SEC’s charges against CLS Global and its employee, Andrey Zhorzhes, were filed in October 2024. The agency's complaint, which serves as a point of contention in the broader crypto regulatory landscape, alleged that the crypto market maker's actions in manipulating the price and volume of NexFundAI spanned several months in 2023.

SEC對CLS Global及其僱員Andrey Zhorzhes的指控是在2024年10月提起的。該機構的投訴是廣泛的加密監管景觀中的爭執，聲稱Crypto Chagrpto型市場製造商在操縱Nexfundai的價格和數量中的數量幾個月，在20223年跨越了Nexfundai。

Prosecutors contend that CLS's manipulation was not a one-off incident, but rather part of a larger trend in crypto markets. A January 2025 Chainalysis report estimates that more than $2.6 billion in annual wash trading occurs, roughly 2% of total daily crypto volumes, according to CoinGecko.

檢察官認為，CLS的操縱不是一次性事件，而是加密市場趨勢更大的一部分。據Coingecko稱，2025年1月的連鎖分析報告估計，每年的WASH貿易發生超過26億美元，約佔每日加密貨幣總量的2％。

Market makers, meant to provide liquidity and stabilize prices, have come under increasing scrutiny. While CLS positioned itself as a gap-filler in crypto market-making, regulators argue that some firms are misusing the role to distort markets.

旨在提供流動性和穩定價格的做市商受到越來越多的審查。儘管CLS將自己定位為加密貨幣營銷中的差距填充者，但監管機構認為一些公司正在濫用扭曲市場的角色。

Recent history supports those concerns. Celsius executives were accused in 2023 of using Wintermute to prop up the value of their token. In 2024, Binance also dismissed an employee who had flagged possible manipulation by DWF Labs, allegedly tied to $300 million in pump-and-dump activity involving tokens such as $YGG.

最近的歷史支持這些問題。 Celsius高管在2023年被指控使用Wintermute來支撐其令牌的價值。 2024年，Binance還駁回了一名僱員，該員工通過DWF實驗室進行了標記可能的操縱，據稱與3億美元的泵送活動有關，涉及$ YGG等代幣。

The issue isn’t isolated to trading firms alone; earlier this year, the CFTC secured a $130 million judgment against the founders of EmpiresX for running a fraudulent investment scheme, adding to the intensifying regulatory focus on market abuse in the crypto sector.

這個問題並非僅與貿易公司隔離；今年早些時候，CFTC對Empiresx的創始人進行了1.3億美元的判決，以實施欺詐性投資計劃，這加劇了對加密貨幣部門市場濫用的加劇監管的關注。

This case has several key implications:

這種情況有幾個關鍵含義：

* It exposes how easily trading bots and algorithms can be used to fake activity on decentralized markets, making vigilance and transparency essential for both platforms and users.

*它揭示了交易機器人和算法可用於在分散市場上偽造活動的方式，從而使平台和用戶都至關重要。

* Yes, stricter compliance and screening requirements may push firms to reassess their cross-border operations and client vetting, particularly when serving U.S. or other regulated markets.

*是的，更嚴格的合規性和篩選要求可能會促使公司重新評估其跨境運營和客戶審查，尤其是在為我們或其他受監管的市場服務時。

* It shows the importance of skepticism toward artificial trading volume and the need for due diligence, as old financial fraud tactics are being repackaged for the digital age.

*它表明了懷疑主義對人工交易量的重要性以及對盡職調查的需求，因為數字時代正在重新包裝舊的金融欺詐策略。

* As crypto markets span borders, the CLS Global case could inspire more coordinated global crackdowns on manipulation.

*隨著加密貨幣市場跨越邊界，CLS全球案例可能會激發對操縱的更協調的全球鎮壓。