### Cryptocurrency News

- US authorities, including the SEC, FBI and DOJ, have indicted Gotbit and four other cryptocurrency companies for market manipulation.

- The SEC said Gotbit, ZM Quant, CLS Global and MyTrade MM used bots to boost trading volumes through wash trading.

- Authorities seized $25 million in cryptocurrency and disabled bots responsible for millions of fake transactions.

- Saitama employees including Russell Armand and Maxwell Hernandez were among those charged, and have pleaded guilty.

- The investigation began in 2017 and found trillions of fake transactions were created, causing significant losses to investors.