According to @rogerhamilton, CTVNews, CTV Toronto, and QuantumBP released a series highlighting spoofing, illegal shorting, and market manipulation to raise public awareness (source: @rogerhamilton on X, Nov 30, 2025). Spoofing, defined as placing bids or offers with the intent to cancel before execution, is prohibited under the U.S. Commodity Exchange Act 7 U.S.C. 6c(a)(5)(C) and enforced by the CFTC as a manipulative and disruptive practice (source: U.S. CFTC; 7 U.S.C. 6c(a)(5)(C)). Illegal short selling, including failures to locate or close out, violates the U.S. SEC’s Regulation SHO and anti-fraud provisions under Exchange Act Section 10(b) and Rule 10b-5, impacting borrow requirements and settlement discipline for traders (source: U.S. SEC, Regulation SHO; Securities Exchange Act Section 10(b) and Rule 10b-5). For equities and crypto traders, monitoring order-book cancellation patterns and verifying stock borrow availability aligns with regulator and exchange rules targeting manipulation, and major crypto venues explicitly ban spoofing and abusive shorting in their market integrity policies (source: U.S. SEC, Regulation SHO; Coinbase Exchange Rulebook on Prohibited Trading Activities).

According to Skew Δ on Twitter, significant spoofing orders have been placed above the current BTC price, indicating aggressive attempts to manipulate order book perception and potentially trigger short liquidations. This trading activity suggests increased volatility and potential upward price pressure as shorts may be forced to cover their positions. Traders should closely monitor order book dynamics and be cautious of potential rapid price movements. Source: Skew Δ (@52kskew) on Twitter, May 1, 2025.