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Morgan Stanley has raised concerns about bitcoin, specifically highlighting widespread fraud and price manipulation as significant risks.
Jacob King shared that the bank pointed to manipulative trading activities occurring on digital asset trading platforms, noting that these platforms are largely unregulated or non-compliant. This underscores ongoing regulatory scrutiny in the crypto sector.
King has previously reported on founder arrests after investors lost funds in a fraud scheme tied to a fake CoinDCX website. He also noted that the Satoshi wallet lost over $64.6 billion in value since October 2025, citing a major decline in the crypto market over that period. These incidents add to the heightened attention on market integrity within digital assets.