Economy and Finance
Cryptocurrency Trader Demonstrates Controversial “Spoofing” Strategies Used To Manipulate Bitcoin Price: “I Assure You With 100% Certainty That I Do Not Cross Any Ethical Boundaries”
The following video demonstrates exactly the kind of trading behavior that creates a negative perception about cryptocurrency markets for the 100 million or so people waiting to invest into blockchain technologies.
But what this week’s news from Japan regarding the world’s largest crypto exchange Binance shows, is that a widespread global shakeup is imminent. All exchanges will become targets for regulators, even if they are currently operating within legal guidelines for the exchange of securities.
The reason, of course, is that not all exchanges are on the up-and-up, and any serious money waiting on the sidelines will refuse to enter the market until some sort of regulatory framework is in place and fraud is investigated and prosecuted.
The following video demonstrates exactly the kind of trading behavior that creates a negative perception about cryptocurrency markets for the 100 million or so people waiting to invest into blockchain technologies.
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