South Korean Financial Regulator to Probe Crypto Market Manipulation, Impose Penalties for IT Failures

South Korea’s Financial Supervisory Service announced a planned targeted investigation into high‑risk crypto market manipulation tactics — including large “ whale” trades, exchange withdrawal halts used to rig prices, API‑based manipulation, and coordinated social‑media misinformation. The regulator also said it will develop artificial intelligence (AI) analytics to detect suspicious rapid price spikes and suspect groups, […]...