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BTCC / BTCC Square / Global Cryptocurrency /
DeFiance Capital Founder Warns of Cryptocurrency Price Manipulation

DeFiance Capital Founder Warns of Cryptocurrency Price Manipulation

Author:
Global Cryptocurrency
Published:
2025-04-15 05:26:02
12
2
Arthur Cheong, the founder of DeFiance Capital, has issued a warning about the growing trend of cryptocurrency price manipulation. He cited the crashes of Mantra and Story Protocol tokens as examples and expressed concern that projects and market makers are collaborating to artificially sustain token prices. Cheong claimed that centralized exchanges are ignoring the issue, creating a ’lemon’s market’ where insiders profit while investors bear the risk. He also noted that the majority of recent token generation events have performed poorly, with prices falling significantly.

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