[aje403]

I'm not suggesting anything in particular and maybe shouldn't have used the word lobbyist and certainly don't want to sound like a conspiracy nut - but it's a good thing to keep in mind that if/when existing banks and existing exchanges become involved in trading cryptos, they'll want less competition from the vulnerable incumbents.

I completely agree though. I can't even begin to imagine what the crypto exchanges are getting away with. I haven't read about about any dark pool scandals in years so I think the banks have been behaving better.

[21]

I can tell you one thing going on: legendary stop hunts.

But I don't think it's the exchanges who are behind them, but other big players.

[aje403]

At the same time, who knows? Bribe a dev 1mm and ask him to send you a snapshot of the order book periodically at a crypto exchange. Just imagine what you can get away with with that wouldn't fly in an actual exchange with silos, compliance, heavy auditing, etc. If I owned a crypto exchange right about now, I'd make sure I have a second passport ready.