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or, in the time honored tradition of the ICO, it's one entity moving money from one obfuscated pocket to the other, under the pretext of a "sale," to inflate th
by ChainOfFools 6y ago
or, in the time honored tradition of the ICO, it's one entity moving money from one obfuscated pocket to the other, under the pretext of a "sale," to inflate the value of an asset class they want to draw unsophisticated attention ($) to.
Pretending two wallet addresses are unaffiliated prior to a transaction is trivial to arrange and with some forethought would be invisible to blockchain analysis. But the superficial story is too juicy for the tech (and now, art) press to ignore, and the people savvy enough to expose the fraud also happen to be elbow deep in Eth/crypto HODLings and stand to benefit far too much by letting it proceed without criticism.