Binance and Bitget to probe a rally in RaveDAO's RAVE token, which surged 4,500% in a week, after ZachXBT alleged RAVE insiders engineered a large short squeeze (Francisco Rodrigues/CoinDesk)
THE SO WHAT
A token where 90% of supply sits in three wallets and still trades on major venues is a reminder: centralized exchanges are now de facto market-structure regulators. If your business touches liquid tokens, assume exchange-level surveillance and intervention risk is part of your operating environment, not an edge case.
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