MyTrade founder fined $10K over wash trading
MyTrade founder Michael Chua was fined S$10,000 after a Singapore court found he engaged in crypto wash trading.

TV presenter and finance editor at Grafa, with a Master’s in Commerce from UWA and diverse industry experience in finance, insurance, and media.
MyTrade founder Michael Chua was fined S$10,000 after a Singapore court found he engaged in crypto wash trading.
The Agency Group Australia (ASX:AU1) confirmed a non-binding merger proposal valuing its shares at $0.04 each.
Criminals have stolen more than US$30 million from cryptocurrency holders through physical attacks known as wrench attacks during 2026.
Optimism (CRYPTO:OP) expects about 343 million additional OP tokens to enter circulation over the next 12 months.
Austral Resources Australia (ASX:AR1) secured $15 million in royalty funding from the Queensland Critical Minerals Fund.
Canaan approved a US$30 million share buyback programme funded through its US$130 million cryptocurrency reserve.
Rarible expanded to Solana (CRYPTO:SOL) through a partnership with NFT project Claynosaurz, adding its trading infrastructure to the network.
Therapeutic wound care company AVITA Medical (ASX:AVH) reported record second-quarter net revenue of US$21.7 million.
Wellnex Life (ASX:WNX) agreed to sell its Pain Away business for up to $21.3 million in cash.
GigaCloud Technology (NASDAQ:GCT) reported record Q2 2026 revenue of $411.6 million, up 27.6%, with gross profit reaching $105.6 million.
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