<ul><li>Federal prosecutors, alongside the FBI, cracked down on illegal activity within the crypto world.</li><li>The case involves companies such as Gotbit, ZM Quant, and CLS Global, along with their leaders and employees.</li><li>Four people have been arrested, five have agreed to plead guilty, and over $25 million in cryptocurrency has been seized.</li><li>The fraud scheme involved artificially inflating token values through fake trades and leaving innocent investors with losses.</li></ul>

15 Charged in Major Crypto Fraud Case

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