Some people in the comments think this is a self-staged act by a major exchange? If you think internal front-running can be easily controlled, that's just too naive. Human greed and the challenges of regulation are far more complex than most imagine.

In fact, fighting internal front-running is a long-term battle that every centralized exchange is deeply engaged in—it's just that the level of resources and determination varies from platform to platform. In this area, that leading platform actually has a pretty good reputation, while another exchange has been truly ruthless with its anti-corruption efforts.

Just a few days ago, I heard an industry friend talk about a recent internal case they investigated. I can't share the details, but it's clear the platform is taking this issue seriously.