Hacker News new | ask | show | jobs
by eloisius 1856 days ago
Who are they liquidating their positions to if they are shutting off access to exchanges? Every seller needs a buyer.
2 comments

To all the decentralized exchanges where poor fools have their money locked up to be sniped.
Crypto isn’t governed by finra regulations. Its wild west, therefore wildwest tactics like front running etc are fair game.

Gg for those of you who maxed out credit cards to buy crypto

I have no doubts about front-running, but that would still mean they need suckers that have access to exchanges in order to liquidate their positions.