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Cryptocurrency exchange OKEx denies price tampering

The exchange accused others, after sudden price swings, of manipulating a futures contract

Cryptocurrency exchange OKEx denies price tampering

A large cryptocurrency exchange denied accusations from some customers it manipulated prices of bitcoin futures after sudden price swings on its trading platform last week.

OKEx, which operates one of the world’s most popular electronic venues for bitcoin trading, said it would cancel trades that occurred in a 90-minute period between 5 a.m. and 6.30 a.m. Hong Kong time Friday.

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