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BitMEX have been accused of trading against their own, often leveraged, customers to manipulate prices unfavorably and liquidate them.
by ac29 5y ago
BitMEX have been accused of trading against their own, often leveraged, customers to manipulate prices unfavorably and liquidate them.
- gruez 5y agoHow well supported are these accusations? Without additional evidence it's hard to tell whether these accusations are because of disgruntled traders who made bad trades, or actual malfeasance by bitmex. For instance, if they were really "manipulating prices unfavorably", you'd expect their mark price to deviate drastically from other exchanges. Is there evidence of this happening?
- fighterpilot 5y agoWhat evidence is there of this? They have a separate trading desk who market make their illiquid products that nobody wants to trade. But the claim you made sounds like fake news from social media.