The Ethereum Foundation staked roughly $93 million in ether (ETH) on Thursday in several batches, bringing its total staked position to approximately $143 million and nearly completing the 70,000 ETH staking target it announced in February, according to Arkham data.The total deposit of 45,034 ETH was split into uniform chunks of 2,047 ETH, each worth roughly $4.23 million, sent from the foundation’s treasury multisig to the Eth2 Beacon Chain deposit contract.At roughly $2,059 per ETH, the $143 million total staked position works out to approximately 69,500 ETH, nearly the full 70,000 ETH commitment. The foundation had been building toward the…

A U.S. enforcement case against alleged crypto market manipulation is once again putting the spotlight on wash trading and the blurry line between market makers and market manipulators.Federal prosecutors in California this week charged 10 individuals tied to firms including Gotbit, Vortex, Antier and Contrarian, accusing them of coordinating trades to inflate token prices and volumes before selling into the artificial demand. The case stemmed from an undercover FBI operation in which agents created their own token to identify firms offering manipulation services.Defendants marketed strategies to boost trading activity that in reality amounted to pump-and-dump schemes and wash trading, leaving…

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