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April 3, 2025

South Korean Prosecutors Expose Price Manipulation Scheme in Fusionist (ACE) Token

South Korean prosecutors have uncovered a significant price manipulation scheme surrounding the Fusionist (ACE) token. This fraudulent activity involved trading tactics designed to inflate volumes, resulting in illicit profits amounting to 4.8 million dollars. This case underscores the importance of consumer protection within the crypto market and highlights the enforcement of the Virtual Asset User Protection Act.

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