COMMENT
2024.02.27
Is Stablecoin Cross Trading a Form of Market Manipulation?
Service area
On December 27, 2023, USDT trading volume on Bithumb Korea spiked to 4.5 trillion won ($4.5 billion) before plummeting to 90% of the previous day's value on the 28th. The case was suspected to be a case of manipulative trading to gain benefits from Bithumb's membership program. Partner Attorneys, Ohoon Kwon and Seunghye Ban analyzed the issue of whether this case constitutes price manipulation, or disguised trading.
URL : Is Stablecoin Cross Trading a Form of Market Manipulation?
