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MyTrade founder fined $10K over crypto wash trading
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FOMOGRAM Editorial Desk
Aug 6, 2026

EXECUTIVE SUMMARY
MyTrade founder Liu Zhou was fined $10,000 for using bots to conduct wash trades. This incident highlights ongoing regulatory scrutiny in the crypto space.
MyTrade founder Liu Zhou was fined $10,000 for using bots to conduct wash trades. This incident highlights ongoing regulatory scrutiny in the crypto space.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
Legal news regarding wash trading with no immediate trading implications for tracked cryptocurrencies.
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