[csee]

Unlikely. You can't know which orders are spoofs because they're anonymous and blended with the majority of real orders. Anyone that tries to hit large spoof orders when they occasionally pop up will just lose money unless you figured out a way to detect their signal. Even then they'll just change up their tactics to better blend in if they start getting filled.

[dudeinjapan]

What's the difference between a spoof and bluff in poker?

[csee]

The spoof can be pulled after a few seconds, once it's done its job.

[dudeinjapan]

Exchange should make a minimum order validity interval during which time you can't cancel, e.g. 15 seconds. Problem solved.

[csee]

Legitimate liquidity would disappear, market makers can't manage risk