MyTrade MM Founder Admits to Allegations of Wash Trading

According to Odaily, Liu Zhou, the founder of the cryptocurrency market maker MyTrade MM, has admitted to allegations related to wash trading activities deemed illegal by the U.S. government. Liu Zhou has taken responsibility for these charges and is actively working with U.S. authorities to address them. The accused wash trading activities have been removed from both the product offerings and the official website. Despite these allegations, MyTrade MM's market-making services continue to operate normally, ensuring uninterrupted service for its clients. Liu Zhou remains committed to providing services that comply with all regulatory requirements.