The Financial Supervisory Service (FSS) of South Korea stated that API-based programmatic trading currently accounts for about 30% of the trading volume in the country's crypto market. They warned of strict crackdowns on behaviors like wash trading and price manipulation using automated tools. The regulatory body specifically highlighted practices such as high-frequency small-scale wash trades, fake orders (spoofing), and coordinated actions across multiple accounts, and announced a special investigation targeting abnormal API trading accounts. FSS also reminded investors to be cautious of assets that experience sudden price and volume spikes without clear reasons, urging them to avoid blindly chasing the surge. (Cointelegraph) https://(wublock123.com)/news/news-59458