South Korea deploys real-time AI crypto surveillance
South Korea’s Financial Supervisory Service has deployed a real-time AI system that scans trading data, news and online content to flag suspected crypto price manipulation
.AI crypto surveillance screens price and volume spikes
The Financial Supervisory Service said in its Aug. 20 announcement that the platform combines generative AI with machine learning to automate parts of a process that previously required investigators to examine large volumes of exchange data manually
Built around real-time trading information, the system first searches for assets showing abnormal changes in price or volume. It then compares the activity with patterns drawn from the regulator’s previous investigations, allowing staff to focus on trades that share features with known forms of market abuse.
Among the patterns listed by the FSS are the “racehorse” type, in which a token moves sharply during a short period, and the “cage” type, which involves a steep rise in an asset while deposits or withdrawals are suspended or restricted
South Korea’s Financial Supervisory Service has deployed a real-time AI system that scans trading data, news and online content to flag suspected crypto price manipulation
.AI crypto surveillance screens price and volume spikes
The Financial Supervisory Service said in its Aug. 20 announcement that the platform combines generative AI with machine learning to automate parts of a process that previously required investigators to examine large volumes of exchange data manually
Built around real-time trading information, the system first searches for assets showing abnormal changes in price or volume. It then compares the activity with patterns drawn from the regulator’s previous investigations, allowing staff to focus on trades that share features with known forms of market abuse.
Among the patterns listed by the FSS are the “racehorse” type, in which a token moves sharply during a short period, and the “cage” type, which involves a steep rise in an asset while deposits or withdrawals are suspended or restricted
