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Unfortunately that scenario only works if there’s a ‘fair’ long/short game beneath the fraud, but the fraud is such that that is not the case: Remember Folks:
by lukestevens 5y ago
Unfortunately that scenario only works if there’s a ‘fair’ long/short game beneath the fraud, but the fraud is such that that is not the case:
Remember Folks: Don't short Tether, once the exchange leaks your position to their buddies, Bitfinex shareholders will organize to liquidate you by working with their wash trading bots.
https://twitter.com/bitfinexed/status/1419813435618074626 https://twitter.com/bitfinexed/status/1419813435618074626