South Korea’s Financial Supervisory Service plans to investigate cryptocurrency price manipulation tactics in 2026, focusing on activities like “whale” trading and schemes exploiting exchange disruptions. The agency aims to enhance automated detection and develop tools for identifying suspected manipulation. The probe will target practices distorting price discovery, such as those taking advantage of exchange suspensions.

Following recent exchange incidents, regulators are intensifying oversight efforts. Bithumb recovered 99.7% of excess Bitcoin mistakenly credited to users, triggering sharp price swings. Regulators held an emergency meeting to review internal controls at domestic crypto exchanges. The Financial Supervisory Service is investigating sharp price movements in the ZKsync token on Upbit during system maintenance.

Read more at Cointelegraph: South Korea Prepares Crypto Market Probes Under 2026 Policy Plan