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Employees at major exchanges can trade on insider information about whether a major exchange will support a new coin. Employees at token-funded companies can in
by jstandard 9y ago
Employees at major exchanges can trade on insider information about whether a major exchange will support a new coin. Employees at token-funded companies can insider trade on that same information.
There's already some evidence these schemes are happening at major exchanges. Coinbase's launches of Litecoin and Bitcoin Cash come to mind.
https://medium.com/@bitfinexed/coinbase-insider-trading-litecoin-edition-be64ead3facc https://medium.com/@bitfinexed/coinbase-insider-trading-lite...