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South Korean watchdog probes Coinone after MOVE price soared x46k times: report

South Korea's financial watchdog, the Financial Supervisory Service (FSS), is investigating Coinone crypto exchange over price swings of the Movement (MOVE) token. The FSS is concerned about potential unfair trading after the token saw a drastic fluctuation, soaring 46,000 times higher before quickly falling back down. The investigation aims to determine if there were any irregularities or unfair trades on Coinone during this event and will also review how the exchange listed Movement before others.

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