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An interesting read for those who may have not seen it yet: "The Willy Report".[1] I would not be surprised at all if this was exactly what happened. [1] https
by fru2013 11y ago
An interesting read for those who may have not seen it yet: "The Willy Report".[1] I would not be surprised at all if this was exactly what happened.
[1] https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/ https://willyreport.wordpress.com/2014/05/25/the-willy-repor...
- joeyspn 11y agoI was going to post this... In order to understand the two big bitcoin bubbles you need to know all about "Willy the Bot"... Apparently Karpeles was operating a fractional reserve since the first breach, and he expected to return the btcs with time (selling high and buying low), but he was not able and all fell apart. Willy looks like an internal tool...