🇰🇷Financial Supervisory Service, initiated market monitoring due to ZK coin surge
https://t.co/IL4mLi7fik https://t.co/ejJswcI0tC
🇰🇷Financial Supervisory Service, initiated market monitoring due to ZK coin surge
https://t.co/IL4mLi7fik https://t.co/ejJswcI0tC
South Korea’s Financial Supervisory Service is monitoring the market for ZK tokens listed on Upbit, the country’s largest cryptocurrency exchange, following abnormal price fluctuations. On February 1, ZK surged nearly 1000% in just three hours, rising from 33 KRW to 350 KRW, before quickly falling back. https://t.co/GP8s5FNRhp
According to the Korea Economic Daily, the Korean Financial Supervisory Service is monitoring the ZK token listed on Upbit, the country's largest cryptocurrency exchange, and investigating its abnormal price fluctuations. On February 1, ZK surged almost 1000% within just three hours, jumping from 33 won to 350 won before rapidly falling back. The financial regulatory agency said it is collecting and analyzing relevant data, and will launch a formal investigation if market manipulation is confirmed. https://t.co/F5V4Whg0Jy