PaperTrade has tightened trading limits and restricted new exposure onchain and through relayers following allegations of price manipulation. The platform implemented these measures to mitigate risk after identifying suspicious market activity affecting its ecosystem.
Reports suggesting a trader was blocked from closing positions remain unconfirmed at this time. PaperTrade has not provided further details regarding the specific nature of the alleged manipulation or the duration of the newly imposed restrictions.
PaperTrade Restricts Onchain Exposure Following Alleged Price Manipulation
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