Gate.io News bot, the U.S. District Court for the District of Massachusetts issued a final judgment on April 7 against UAE entity market maker CLS Global FZC LLC. The U.S. Securities and Exchange Commission (SEC) previously accused the self-proclaimed crypto asset market maker of creating a false and active trading illusion by manipulating the "NexFundAI" market to induce investors to buy. The SEC identifies "NexFundAI" as a security. CLS Global accepted the court's judgment to pay a civil penalty of US$425,000 and US$3,000 for the recovery of ill-gotten gains. The company is required to immediately cease doing business with U.S. users or entities and submit proof of compliance annually for the next three years.

Odaily Planet Daily News Meme project Mars dog Marvin has reached a strategic partnership with the market maker CLS Global, which will serve as the official market maker for $Marvin and provide DepthLiquidity support for its market. According to market data, $Marvin has risen by more than 50% in the past 24 hours, now trading at 0.0000123USDT, with the number of holders exceeding .