Manipulating the market requires super-large costs, and cannot be done alone. If there really is such an organization it should have been tracked for a long time, and I hope this is just a matter of concern.
I think the coin manipulation in the cryptocurrency market is happening, but it focuses on small trading coins and on small Exchange. The cryptocurrency market is getting bigger and bigger so I believe that manipulation will gradually disappear.
A lot of people dont want to accept this fact that the market is manipulated. They believe it all about the trade and dont know the underground job. They do it to make profit and benefit everyone, importantly now I think the manipulation is very well necessary. Every trader just need to know how to benefit from it.