Dear Users,
Recently, the KTX operation team has detected abnormal trading activities in a number of accounts. To protect the rights and interests of all platform users, this announcement is hereby issued as follows:
1. Monitoring Scope and Judgment Criteria
The monitoring scope includes but is not limited to order cancellation rate, order placement frequency, matched cross orders/self-trading, flash orders, high-frequency trading, abnormal trading, abnormally large volume pending orders, multi-account operation, multi-account trading with identical strategies and frequencies, and behaviors with highly consistent action patterns.
If any transaction is deemed as prohibited trading conduct, KTX reserves the right to audit the relevant transaction records. Prohibited trading conducts include but are not limited to:
- Malicious speculation, pump-and-dump schemes, price ramping trading, and malicious volume faking activities;
- Other market manipulation activities intended to create false prices and/or trading volumes;
- Mass registration of secondary accounts, mutual order matching, self-buying and self-selling, etc.
KTX reserves the right to reasonably audit transaction records and account changes, and take reasonable actions at any time (including but not limited to trading suspension and account freezing) for material reasons. Material reasons include but are not limited to:
- Changes in applicable laws, regulations or policies;
- Obligations arising from laws, or decisions issued by competent courts or public administrative authorities;
- Rules on anti-money laundering (AML) and counter-terrorist financing (CTF);
- Technical issues beyond KTX's control;
- The necessity to protect users from potential losses;
- The necessity to protect KTX from reputational damage;
- Abnormal events or circumstances beyond KTX's control (Force Majeure).
2. Supplementary Provisions and Appeal Mechanism
- If a user believes that a penalty is incorrectly imposed, they may submit an appeal within 72 hours upon receiving the notification;
- The platform will conduct a re-examination based on system logs and complete transaction records;
- The platform reserves the right of final interpretation and the right to pursue legal liability.
Thank you for your support of KTX!
KTX Team
November 11, 2025