The Securities Exchange Commission (SEC), the Federal Bureau of Investigation (FBI), and the Department of Justice (DOJ) jointly filed charges on October 9 against four crypto companies suspected of fraud and market manipulation, including Gotbit Consulting, ZM Quant Investment, and CLS Global. The charges relate to self-trading market manipulation, as well as multiple offenses related to cryptocurrencies Saitama, Robo Inu, and NexFundAI. A total of nine individuals were indicted, and some of the defendants agreed to separate settlements. Investigations revealed that Gotbit and its marketing director created market interest for these crypto projects through fraudulent transactions. The individuals involved in this case are located in multiple countries, including the United States, Russia, and India, reflecting the complexity and breadth of the case.