FSC Probes Coin Price Manipulation: High-Price Buys and Volume Inflation

Financal Services
Author

author: CryptoNews

date: November 05, 2025

1 min. read

The Financial Services Commission (FSC) is cracking down on alleged coin price manipulation. Accusations include inflating prices through high-value purchases and boosting trading volume via automated programs. According to Chosun Biz, the FSC is investigating individuals who spent hundreds of billions of won to purchase coins at inflated prices, aiming to reach a predetermined target. These suspects pre-purchased assets, placed high sell orders, and then aggressively bought coins to drive the price up. Another case involves using an automated trading program (API) to artificially inflate trading volume. Suspects allegedly executed millions of buy and sell orders per second, dramatically increasing the perceived market activity. The FSC intends to file charges against those suspected of these virtual asset price manipulations. These actions undermine market integrity and investor confidence, prompting regulatory scrutiny. ```