Anatomy of a Crypto Scam: S. Korea Exposes $4.85M ACE Token Fraud Tactics

South Korean authorities detailed two fraudulent trading tactics used in the price manipulation of the Fusionist (ACE) token, which resulted in investor losses totaling 7.1 billion won ($4.85 million).  Findings from a trial in Seoul specify how traders used artificial strategies to deceive the market. Fake Volume Scheme Created Illusion of Demand The first method […] The post Anatomy of a Crypto Scam: S. Korea Exposes $4.85M ACE Token Fraud Tactics appeared first on Coin Edition.