Recently, the traditional financial sector has been buzzing with controversy. JPMorgan Chase was fined $9.2 billion for manipulating the precious metals and government bond markets — this is not just a number; it reflects the trust issues within the entire financial system.

This giant has long influenced the prices of gold, silver, and government bonds through unfair means, shaking the very foundation of the global economy. From Wall Street institutions to ordinary households, no one can escape the impact of this manipulation. Even more heartbreaking is that, despite paying hefty fines, the aftereffects of market distortion still persist.

Interestingly, what kind of reflection has this incident triggered in the crypto community? If even traditional financial giants are so flawed, why should we still trust centralized mechanisms? This is also why more and more people are paying attention to Bitcoin’s scarcity and transparent mechanisms — on-chain, no one can manipulate behind the scenes.

Regulatory swords have been raised, but the root of the problem lies in the concentration of power within the system itself. Every time such scandals are exposed, it sends a clear signal — the necessity of decentralization and transparency. Who will be fined next? Behind this question lies the structural flaws that the entire financial system needs to reevaluate.

What do you think about these manipulation events in traditional finance? Do they strengthen your confidence in decentralized assets?