#Waves vs #FTX - Market Manipulation Case I'm sure you have heard about the problem between Waves and Alameda Research over the manipulation of Waves' price through long and short positions. Even though it is really hard to trust both parties, I think the proof that was provided by the founder of Waves was more reasonable. By giving stablecoins as collateral, Alameda Team was accused of manipulating the price of Waves and creating FUD over the project. Besides, USDN stable #crypto coin lost its peg directly because of this #FUD campaign. I do not miss having such concerns in #crypto , it is really hard to decide which party is totally right...
1 comment
Yeah, market manipulators will always try to play dirty if they are allowed to through the technology itself.