- The Financial Supervisory Service said cases are increasing in the virtual-asset market in which APIs are used to inflate trading volume and manipulate prices.
- It warned that the use of automated trading code shared in online communities and on social media could unintentionally lead to unfair trading, and urged investors to avoid momentum-chasing trades.
- The regulator said it plans to respond strictly through targeted investigations if it detects suspicious trading using APIs.
Forecast Trend Report by Period
South Korea’s Financial Supervisory Service urged investors to be cautious as cases of unfair trading using APIs in the…
