Insider trading is an SEC country club looking for a scapegoat
0
0
Crypto’s transparency reveals market manipulation that traditional finance hides. Century-old laws riddled with loopholes enable unpunished manipulation.
Opinion by: Nic Puckrin, founder of CoinBureau
The largest liquidation event in the history of the crypto market, which wiped out at least $19 billion in long positions after US President Donald Trump announced punitive tariffs on China late on Oct. 10, exposed an ugly side of this nascent market: its vulnerability to insider trading.
Onchain data shows that a significant short position was taken out on Hyperliquid just half an hour before the big announcement. Once the market plummeted, this trader bagged $160 million, sparking speculation over market manipulation — with some even theorizing that the “whale” behind the transaction was close to the presidential family itself.
0
0
从同一位置管理所有加密资产、NFT 和 DeFi 资产安全地关联您正在使用的投资组合，以开始交易。