@ and @ said they would investigate the alleged wash trading in $RAVE. @Gate @Vivien_BingX are yet to respond! A few fair questions: • Were the warning signs not visible earlier? • How did such abnormal volume & liquidity go unnoticed? • What monitoring systems are in place to detect this? • How long was this happening before it was flagged publicly? • Should exchanges act only after public exposure? • What protection is there for traders who trusted the shown data? • Will the investigation findings be made public? From the outside, this raises serious concerns about oversight and accountability.
After @zachxbt posted about it,
@ and @ said they would investigate
the alleged wash trading in $RAVE.
@Gate @Vivien_BingX are yet to respond!
A few fair questions:
• Were the warning signs not visible earlier?
• How did such abnormal volume & liquidity go unnoticed?
• What monitoring systems are in place to detect this?
• How long was this happening before it was flagged publicly?
• Should exchanges act only after public exposure?
• What protection is there for traders who trusted the shown data?
• Will the investigation findings be made public?
From the outside, this raises serious concerns about oversight and accountability.