$BTC
A Vanishing $212M Bitcoin Order Caused Chaos for Traders. Is Spoofing Back in Crypto?
Despite increased scrutiny, spoofing remains a challenge in crypto, highlighting the need for better surveillance and stricter regulations.
A large sell order for 2,500 bitcoin on Binance was removed abruptly on April 14, causing market volatility and raising suspicions of spoofing.
Spoofing, an illegal trading tactic, involves placing and then canceling large orders to manipulate market prices.
Despite increased regulatory scrutiny, spoofing remains a challenge in the crypto market, highlighting the need for better surveillance and stricter regulations.
