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South Korea to Investigate AVAIL Altcoin Over Price Manipulation Concerns

The South Korean National Assembly is launching an investigation into the altcoin AVAIL due to concerns of price manipulation. AVAIL's transactions on the Bithumb exchange are set to be examined in July. The term "Burger Coin" is being used to describe AVAIL, similar to how it was previously used to describe the SUI coin. The investigation will specifically focus on AVAIL's price fluctuations on Bithumb on July 23-24, when the token experienced a significant surge in value. Regulators suspect suspicious trading activities may have taken place.

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