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by TomSwirly 1681 days ago
> We can't apply 1:1 laws to crypto precisely because of this.

Why do you think the rule against wash trading is there?

Because people systematically manipulated markets with it.

> I can write a piece of code in a few minutes for all the collection I own, does not make it wash trading.

Your argument is, "I can do this really fast, therefore it's not criminal"?

1 comments

No, my argument is that someone like me can easily verify that this was a wash trade.

In fact, marketplaces have already started to flag these transactions[1].

[1] https://larvalabs.com/cryptopunks/details/3100