Spartan Group Lianchuang: Short trading positions were leaked by a large trading platform

On November 28th, Kelvin Koh, co-founder and managing partner of Spartan Group, stated on social media that "today, we were surprised to hear from a contact in the industry that a major centralized cryptocurrency exchange we were trading on leaked our short position. This is a significant breach of client confidentiality, and we will be cutting off trading activity on that exchange. What's even more egregious about this is how casually the information was shared. If any random employee at the exchange can access client trading positions and share them with random parties, it indicates that the exchange has not taken appropriate control measures. This is one of the largest exchanges we are talking about here. This is why centralized exchanges need to be regulated and subject to stricter scrutiny."