4 ms·
This was fascinating to read, but I think the guy is ultimately innocent. He executed a series of speculative trades using the platform's rules and mechanisms.
by Overtonwindow 4y ago
This was fascinating to read, but I think the guy is ultimately innocent. He executed a series of speculative trades using the platform's rules and mechanisms. It reminds me of the 2013 case of some guys who took advantage of a software bug in a video poker game. “All these guys did is simply push a sequence of buttons that they were legally entitled to push.”
This sounds very much like the same thing, and since digital currency is not heavily regulated, some might say at all, I think the outcome, while unfortunate, is not illegal.
Sadly Day & Keller and others will likely haunt this poor kid with lawsuits and frivolous attacks, but in my book he did not break the law.
https://www.wired.com/2013/11/video-poker-case/ https://www.wired.com/2013/11/video-poker-case/