🚨 Crypto Alert! 🚨
MEXC Exchange has frozen over 1,500 accounts after uncovering a massive market manipulation scheme in Vietnam and CIS countries. These accounts showed trading volumes exceeding $20 million daily! 🤑
Key activities included self-trading, spoofing, and front-running, with manipulations growing by 60% from Jan-Feb 2025. MEXC is rolling back suspicious transactions and enhancing surveillance.
What are your thoughts on the impact of such schemes on the crypto market? Share in the comments!