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What measures are being taken to prevent illegal short selling in the cryptocurrency industry?

avatarBAVISHNAVI SNov 25, 2021 · 3 years ago1 answers

What steps are being taken by the cryptocurrency industry to combat and prevent illegal short selling?

What measures are being taken to prevent illegal short selling in the cryptocurrency industry?
Cryptocurrency
Short Selling
Illegal Activities

1 answers

  • avatarNov 25, 2021 · 3 years ago
    At BYDFi, we take the issue of illegal short selling in the cryptocurrency industry seriously. We have implemented robust risk management systems and compliance procedures to detect and prevent any illegal activities on our platform. Our team works closely with regulatory authorities to ensure that we are in full compliance with the latest regulations. We also conduct regular audits and reviews to identify any potential vulnerabilities and address them promptly. By taking these measures, we aim to provide a secure and trustworthy trading environment for our users, free from illegal short selling activities.

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