Founder of Spartan Group Reveals Exchanges Unethical Behavior in Leaking Contract Positions to Third Parties

Spartan Group co-founder Kelvin Koh revealed today on social media that he recently heard from industry sources that the company’s short positions were leaked by the exchange. Kelvin Koh criticized this behavior as a serious violation of the exchange’s duty of confidentiality to clients, and Spartan Group will immediately cease trading activities on that exchange. Although everyone hoped that Kelvin Koh could directly share the name of the exchange, Kelvin Koh stated that he learned about this through private conversations without concrete evidence, so it is not convenient to disclose it publicly. However, Kelvin Koh revealed to the community: