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It seems like a pattern with Bitcoin platforms: 1. Start an exchange 2. Get millions in assets 3. Claim a hack 4. Profit I'm surprised the Nigerian prince didn
by f055 10y ago
It seems like a pattern with Bitcoin platforms:
1. Start an exchange
2. Get millions in assets
3. Claim a hack
4. Profit
I'm surprised the Nigerian prince didn't jump on this one.
- frevd 10y agoI wonder if this was actually a sophisticated trade to profit from shaking up the market - claiming a substantial hack to make the market panic, then buy back the "lost" coins for way lower prices. If you control this kind of assets you can easily corner the market and participate from the emotional reactions. The lost coins can either not be lost at all or sold off way before that in small chunks, netting a profit after all is over.
- coupdetaco 10y agoclassic exit scam