Cryptocurrency exchange MEXC has uncovered and shut down a large-scale market manipulation scheme after an internal investigation. The probe revealed two coordinated groups engaging in abusive trading tactics, prompting swift action to liquidate their positions. According to a press release on the MEXC blog, one of the two groups identified was operating in Vietnam and the other in the CIS region. Their activities included self-trading, spoofing, layering, front-running, and quote stuffing
source: https://news.shib.io/2025/03/27/mexc-cracks-down-on-large-scale-crypto-market-manipulation/?utm_source=rss&utm_medium=rss&utm_campaign=mexc-cracks-down-on-large-scale-crypto-market-manipulation