According to Odaily, Chris, the co-founder of the Ghost Fund DAO in the Cardano ecosystem, has raised concerns about market manipulation. He alleges that the TON team has artificially inflated their market value data through aggregators such as CoinMarketCap and Coingecko. He has called for the team to be held accountable and face penalties for their actions.
Chris made these allegations on platform X, where he expressed his concerns about the integrity of the cryptocurrency market. He believes that such manipulative practices undermine the trust and transparency that are crucial to the functioning of the crypto market.
The co-founder of the Ghost Fund DAO has not provided any specific details about the alleged manipulation. However, his call for accountability and penalties indicates a growing concern about market manipulation in the cryptocurrency industry. This incident underscores the need for stricter regulations and transparency in the crypto market to prevent such practices.