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by andruby 3103 days ago
They're already earning million's USD per day [0]. I doubt that they would risk that lucrative business by doing something illegal as front-running. That being said, they really should fix the performance of their platform. Yesterday they reduced their API rate limits to be able to handle the load. That's just annoying for traders.

[0] https://coinmarketcap.com/exchanges/volume/24-hour/#gdax

24h volume = $2,179,471,700 x 0.25% commission = $5,448,679.25 revenue (per day)

1 comments

Has it ever been tested in court that the laws that make various forms of trading halts a tool to protect fairness in conventional markets can be reliably applied to an exchange of virtual toy tokens? Overloaded front-end servers that stall the bulk of sell orders while willing buyers get through to be matched with "preferred sellers" using lots of careful handholding seems very likely to me in a bitcoin panic, it could happen without any premeditated ill intent at all.