4 ms·
Only the really obvious wash trades get spotted - e.g. https://www.bloomberg.com/news/articles/2021-10-29/here-s-a-532-million-nft-trade-that-wasn-t-what-it-app
by joosters 5y ago
Only the really obvious wash trades get spotted - e.g. https://www.bloomberg.com/news/articles/2021-10-29/here-s-a-532-million-nft-trade-that-wasn-t-what-it-appeared https://www.bloomberg.com/news/articles/2021-10-29/here-s-a-... , because half-decent manipulators will have the sense to trade between different wallet addresses and obfuscate their money sources.
- doopy1 5y agoYes you are citing the flashloan wash trade that I mentioned, but the rest I don't really buy at all. You can't just materialize a wallet out of nowhere and use it in a wash trade. Wallets need at least some ETH in order to transact, because you have to pay gas to transact on ethereum. This means that even the best pseudonymous wash traders should be discoverable with chain analysis, or lead to dead ends like tornado.cash. The reality is that you can't find any good examples of this, and that means it's all hypothetical conjecture. It should be quite easy to prove otherwise.