SEC Sting Bars阿联酋加密推销商CLS Global以98％的洗涤交易，罚款42.5万美元

Hassan是一位Cryptonews.com记者，拥有6年以上Web3新闻业经验，在Crypto，Web3游戏，NFTS和Play-to-to-to-to-to-to-to-to-to-to-to-to-to-to-to-to-earn领域中带来了深厚的知识。

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.

美国证券交易委员会（SEC）在其市场操纵案件中对CLS Global FZC LLC（一家位于阿联酋的加密货币市场制造商）做出了最终判决。该裁决由美国马萨诸塞州地区法院于2025年4月7日颁布，裁定一个密切关注的案件，其中涉及数字资产市场中的欺诈性贸易做法。

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自称为加密资产市场制造商，由SEC策划了一项计划，以操纵市场，以操纵市场，以获取名为“ Nexfundai”的加密资产。 SEC声称，该公司创造了一种虚假的积极交易外观，以误导散户投资者认为对代币有真正的市场需求，这是该机构被列为安全的资产。

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.

根据SEC的数据，CLS Global的交易约占Nexfundai在相关期间总交易量的98％。这些交易是在分散的交易所Uniswap执行的，旨在使数量和欺骗投资者膨胀。

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全球同意的最终判决未承认或否认指控，其中包括禁止未来违反美国证券法的禁令。该公司必须支付$ 425,000的民事罚款，将3,000美元的利润付款，并支付80.39美元的判决利息。该裁决还禁止CLS Global与美国人或实体开展业务，并要求公司在30天内实施新的客户筛选程序。

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.

该民事决议遵循CLS Global在2025年1月由美国司法部领导的平行刑事案件中的有罪认罪。在这种情况下，联邦调查局透露，它已将Nexfundai作为“陷阱代币”，旨在暴露欺诈性的营销活动。 CLS Global是在刺痛行动期间操纵交易量的几家公司之一。

“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.

“通过这项最终判决，SEC加强了对市场操纵者负责并保护投资者免受欺骗性做法的承诺，”参与此案的SEC律师之一David D'Addio说。

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.

该案被视为对加密相关欺诈的更广泛镇压的主要监管胜利。这也表明，在分散的金融市场中检测和阻止不当行为的高级执法策略（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对CLS Global及其雇员Andrey Zhorzhes的指控是在2024年10月提起的。该机构的投诉是广泛的加密监管景观中的争执，声称Crypto Chagrpto型市场制造商在操纵Nexfundai的价格和数量中的数量几个月，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.

检察官认为，CLS的操纵不是一次性事件，而是加密市场趋势更大的一部分。据Coingecko称，2025年1月的连锁分析报告估计，每年的WASH贸易发生超过26亿美元，约占每日加密货币总量的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.

旨在提供流动性和稳定价格的做市商受到越来越多的审查。尽管CLS将自己定位为加密货币营销中的差距填充者，但监管机构认为一些公司正在滥用扭曲市场的角色。

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.

最近的历史支持这些问题。 Celsius高管在2023年被指控使用Wintermute来支撑其令牌的价值。 2024年，Binance还驳回了一名雇员，该员工通过DWF实验室进行了标记可能的操纵，据称与3亿美元的泵送活动有关，涉及$ YGG等代币。

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.

这个问题并非仅与贸易公司隔离；今年早些时候，CFTC对Empiresx的创始人进行了1.3亿美元的判决，以实施欺诈性投资计划，这加剧了对加密货币部门市场滥用的加剧监管的关注。

This case has several key implications:

这种情况有几个关键含义：

* 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.

*它揭示了交易机器人和算法可用于在分散市场上伪造活动的方式，从而使平台和用户都至关重要。

* 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，更严格的合规性和筛选要求可能会促使公司重新评估其跨境运营和客户审查，尤其是在为我们或其他受监管的市场服务时。

* 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.

*它表明了怀疑主义对人工交易量的重要性以及对尽职调查的需求，因为数字时代正在重新包装旧的金融欺诈策略。

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

*随着加密货币市场跨越边界，CLS全球案例可能会激发对操纵的更协调的全球镇压。