Search results for Vortex
Crypto
U.S. prosecutors charge 10 with crypto price manipulation after FBI undercover probe
U.S. prosecutors have charged 10 people with cryptocurrency price manipulation, renewing attention on the line between wash trading and market makers and manipulators. Coindesk reported that California federal prosecutors charged people affiliated with Gotbit, Vortex, Antier and Contrarian. Prosecutors allege they artificially boosted token prices and trading volumes and then sold at peaks, harming investors. The case was uncovered through an FBI undercover operation.
Industry
Toyota CEO says company cannot survive without change as auto industry anxiety rises
Toyota is warning of a crisis in the auto industry and is pushing to relax production standards. CEO Koji Sato said at a recent supplier meeting that the company cannot survive as things stand. Automotive News reported he also said Toyota is fighting for survival. Toyota plans to ease strict quality standards for parts customers do not see and to reduce tooling requirements for suppliers.
Industry
GIST moves to build full-cycle AI semiconductor ecosystem
Gwangju Institute of Science and Technology (GIST) and the Korea Fabless Industry Association (KFIA) signed an agreement to strengthen global competitiveness in the AI semiconductor industry. The partnership aims to build an end-to-end ecosystem spanning design, fabrication and packaging, and verification. KFIA will provide field-based data and help shape demand-driven education and research, while GIST will support shared verification environments and high-difficulty R&D. The partners plan joint R&D, training programmes and government-linked projects, targeting results from the second half of 2026.