US CFTC Launches Cryptocurrency Market Manipulation Detection Tool... ”Able to Detect Suspicious Patterns”

The US Commodity Futures Trading Commission (CFTC) will implement software to detect price manipulation in crypto assets. The CFTC plans to implement a "financial surveillance tool" developed by Nasdaq.
The software focuses on detecting manipulation and insider trading in crypto asset markets.
Sio) Nasdaq's head of regulatory strategy told Cointelegraph, "Nasdaq's customization
"These sophisticated algorithms can also detect suspicious patterns specific to the cryptocurrency market," he said. "We can also analyze order book data from multiple cryptocurrency exchanges in real time."
"We can analyze the activity between traditional and virtual asset markets and link it together," he added.