<ul><li>Crypto exchange MEXC has frozen 1500 accounts connected to a large-scale coordinated group of market manipulators.</li><li>MEXC identified two coordinated groups engaging in abusive trading practices, including self-trading, spoofing, layering, and other types of market manipulation.</li><li>The exchange found that these manipulations involved daily trading volumes of over $20 million and caused short-term distortions and increased volatility of up to 120%.</li><li>MEXC applied a targeted rollback of suspicious transactions and suspended all identified accounts, ensuring the protection of user funds.</li></ul>

MEXC Freezes 1500 Accounts: Cracks Down On Market Manipulation Scheme

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