The Supervisory Service (FSS) has announced the initiation of an investigation against crypto market manipulation. The purpose of this action is to understand and prevent the tactics that distort the natural price movement of the market.
The FSS's focus will particularly be on large investors or “whales” who artificially drive prices up or down through heavy volume. Reports indicate that the investigation will target advanced manipulation methods such as “caging” and “racehorse,” which are being used on some exchanges.
These tactics create false signals for ordinary traders, which generates fear and panic and leads people to make buying or selling decisions at the wrong time. Regulators say that such practices harm market fairness and increase volatility.
Along with this, South Korea's financial regulator is also going to strengthen IT risk management. This will include strict security roles, better monitoring systems, and harsh penalties for IT failures, in order to keep both investors and financial infrastructure secure.
These steps signal that South Korea does not want to ban crypto, but rather wants to make the market more transparent, secure, and mature, where long-term investors and institutions can enter with confidence.
#CryptoNews #SouthKorea #MarketRegulation #CryptoUpdate #Web3 $BTC
