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Bitcoin Exchange Binance Detected DWF Labs Engaged in Market Manipulation!

According to the Wall Street Journal, Binance Oversight Team determined that DWF Labs engaged in market manipulation.

According to the WSJ, Binance researchers found that DWF manipulated the price of YGG and at least six altcoins and made over $300 million from these transactions in 2023.

WSJ added that former members of Binance said the dismissal of the head of oversight showed that the exchange neglected evidence of market manipulation.

SOURCE

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