South Korean Regulatory Agency Introduces AI Algorithm to Monitor Cryptocurrency Market Manipulation

Odaily News: The Financial Supervisory Service of South Korea has upgraded its Virtual Asset Trading Analysis Intelligence System (VISTA) and introduced automated detection algorithms to combat improper cryptocurrency trading. The algorithm employs sliding window grid search technology, which can automatically identify potential price manipulation intervals, reducing reliance on manual investigations. Performance tests show that the system has successfully detected all known manipulation periods and previously difficult-to-identify abnormal intervals. The Financial Supervisory Service has allocated a budget of 170 million won (approximately $116,000) for AI performance upgrades in 2026. Follow-up plans include automatically identifying networks of coordinated trading accounts, analyzing abnormal trading texts for thousands of cryptocurrency assets, and tracking the sources of manipulation funds. (Cointelegraph)