CLS Global, a leading digital asset market maker and liquidity provider founded in 2017, announced that it has reached agreements with the U.S. Securities and Exchange Commission and the U.S. Department of Justice. These successful resolutions follow CLS Global’s remediation and proactive cooperation with the SEC and DOJ to address concerns about specific trading activities on platforms including Uniswap.
On April 2, 2025, a federal court in Boston concluded the matter with a $428,059 fine and a three-year probationary period during which CLS Global will not offer services in the U.S. market. The case involved allegations related to the FBI’s NexFundAI token investigation from May 2024.
As noted in the official documents, CLS Global “promptly retained counsel” and strengthened its internal policies. CLS Global’s cooperation and immediate action emphasizes the importance of the company’s compliance systems and ethical business conduct.
“We’ve implemented sophisticated compliance protocols that set new standards for market makers in the digital asset space,” said Filipp Veselov, CEO of CLS Global. “This resolution allows us to close this chapter and focus our resources on delivering exceptional service to our global clients in jurisdictions where we maintain full regulatory alignment.”
The agreement has resulted in clear regulatory parameters that benefit the entire industry. As part of this resolution, CLS Global has refined its service geography and enhanced its compliance infrastructure to ensure continued operational excellence. These improvements further safeguard both the company and its clients across global markets.
“Our proactive approach to this matter demonstrates CLS Global’s unwavering commitment to transparency and ethical business practices,” added Filipp V. “We are excited to continue serving our global client base by integrating even stronger operational controls into our compliance regime.”
CLS Global is a leading digital asset market maker, serving clients globally with advanced trading solutions and liquidity provision services. With over 110,000 followers on X, the company continues to expand its operations within established regulatory frameworks, ensuring reliable and compliant services for its clients worldwide.
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