Spartan Group co-founder: Short position information leaked by a certain CEX

2023-11-28 11:32:23
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ChainCatcher news, Spartan Group Managing Partner Kelvin Koh revealed that while trading on a major centralized cryptocurrency exchange, they discovered that the exchange leaked their short position information to certain contacts within the industry.

He stated that this is a serious violation of client confidentiality, and therefore they will terminate trading activities on this exchange.

Kelvin Koh expressed that what is even more shocking about this incident is that this information was easily shared. If any random employee of the exchange can access client trading positions and share them with random parties, it indicates that the exchange has not implemented appropriate controls. Furthermore, as one of the largest centralized exchanges, he called for stricter regulation of centralized exchanges.

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