Liu Zhou, the founder of crypto market maker MyTrade, was sentenced in Boston federal court to $10,000 — no prison time — for operating a wash trading service that inflated fake volume across roughly 60 tokens. Clients ordered daily volumes through a dashboard; bots did the buying and selling. The case stemmed from an October 2024 FBI sting built around a fictitious token called
NexFundAI, per Law360.Decrypt