A seller displaying a dollar rate that doesn't exist in real life to deceive the people, is it not a manipulation? And as I said I have encountered them on many occasions. Buyers would tell me they are using that high rate to attract sellers. Others have also seen that to increase their prices and that is where the rift is coming from. And as a seller, if you are not wise or Smart, you will fall for their trap.
The type you're referring to is the case where merchants place ads with increased dollar rates when they are selling but there will be no price change if you decide to buy from them, right?
The manipulation I stated in the OP is quite different - in the OP’s case, the merchant places an ad with a high rate but when you click on it to sell to them the price will automatically reduce without any notification, but in your case, the rate remains the same it does not change.
Another difference between OP and your case is; that the buyers will be at a loss in your case while the seller will be at a loss in the case of the OP.
By the way, I have only seen this type of manipulation (OP) in KUCOIN, Binance prevent this by notifying the sellers about the price change (kucoin does not). If the manipulation you're referring to is the same as the one I posted won't it make more sense for the government to go after KUCOIN instead of binance?