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by vkou 1344 days ago
> Nothing above looks illegal. In regulated markets, if something went from $0.03 to $0.91 in a short space of time, trading would be shut down.

Because the attacker owns both wallets, this is called a wash trade, which is something that has been illegal for over 80 years.

2 comments

…in regulated markets.
As if wash trades aren't rampant on crypto exchanges. I suspect crypto exchanges are using wash trades to prop up the entire house of cards.