FSS2026-08-21 23:41:43South Korea’s FSS launches AI system to monitor crypto market manipulation in real timeSouth Korea’s Financial Supervisory Service (FSS) launched an AI-powered real-time monitoring platform on Aug. 20 to detect unfair trading and price manipulation in crypto markets. The system uses generative AI and machine learning to identify patterns such as “racing horse” and “cage” manipulation, while also scanning YouTube, online forums and private chat groups for front-running, false information and coordinated retail-buying schemes. FSS investigators will review AI-generated reports before deciding whether to open enforcement actions. Markus Levin, co-founder of XYO, said regulatory AI may face issues including data accuracy, operational boundaries and false positives. The agency also plans to add cross-exchange fund-flow tracking and on-chain monitoring.1230
Bithumb2026-07-22 23:55:14Bithumb Recovers 99.7% of $40B Bitcoin Airdrop Glitch: Accounts Frozen in 35 MinutesA system glitch at Bithumb mistakenly airdropped 620,000 BTC worth over $40 billion to users. The exchange froze 695 accounts within 35 minutes and recovered 99.7% of funds. CEO pledges AI monitoring and compensation.490
