CoinVoice has recently learned that six months after the implementation of the South Korean (Virtual Asset User Protection Act), the Financial Services Commission (FSS) is now expanding its investigation into price manipulation to individual investors.
Recently, an investor was suspected by the FSS of price manipulation due to frequent short-term trading on a major exchange and is undergoing an investigation. Although these trades were merely part of day trading activities, due to their suspicious nature, the FSS has requested that the investor prove they had no intent to manipulate the market.
With the recent rise in cryptocurrency prices, the FSS is closely analyzing trading patterns and volumes to detect any potential signs of price manipulation. [Original link]
