
Bitcoin.com News|Mar 26, 2025 07:32
MEXC has cracked down on market manipulators! The exchange froze 168 Vietnamese 🇻🇳 accounts and over 1,500 from CIS countries 🇷🇺🇺🇦, tackling schemes like self-trading, spoofing, and front-running.
From January to February, these malicious activities surged 60%, with daily trading volumes exceeding 20M for some flagged accounts. These actions caused short-term price volatility of up to 120% on individual pairs.
MEXC warns of systemic risks as manipulations evolve to institutional levels. The exchange plans to collaborate with regulators and urges better synchronization within the industry to protect markets.
What measures should exchanges and regulators take to safeguard digital markets?
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