Weird Moves from Crypto.com
Crypto.com, one of the largest crypto exchanges worldwide, seems to have issues regarding internal information that was spread in the operations.
As many exchanges, Crypto.com, has its own trading teams, that trade tokens, to earn profits from the price differences.
A thing like that, especially from the exchange itself, is considered as market manipulation as they can control prices and run the operations for the market making process.
The same thing seems to happen to Binance, as one of the major friction points with SEC and how it will be its future in the US market.
There is a sudden reaction in the market for a matter that was pretty much known in the crypto community.
This shows that the authorities want to take seriously the case and they looking up for every detail.