South Korea: API Crypto Trading Hits 30% Amid Manipulation [Report]
South Korea's crypto market? 30% automated via APIs. But regulators smell a rat: manipulation galore. Time to wake up.
⚡ Key Takeaways
- API trading hits 30% of South Korea's crypto volume, laced with manipulation. 𝕏
- FSS launching probes into abnormal API patterns like wash trading and spoofing. 𝕏
- Regulatory gaps persist despite crackdowns; echoes 2017 bubble tactics. 𝕏
- Warning: Avoid chasing unexplained price spikes—likely bot-fueled traps. 𝕏
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Originally reported by Cointelegraph