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RE: The r0ach report vol 2: Bitcoin analysis & Ethereum rough consensus attack
This is real fishy. Huobi kept trying to push the market down with 0 volume wash trades and there were too many buyers on Finex for it to crash so they couldn't shake out longs. So what happens next? Finex just goxes out of the blue and says they have to unwind margin positions.
Think Finex is in on it?
This is 100% a scam being pulled by Finex. One of my friends had a 100 BTC withdrawal from there like 5 days ago (expanse dev - not franko, other one). Finex froze his withdrawal and gave him some bogus excuse. The funds have obviously been gone for a long time. It's also obvious Finex had people trading on their own exchange just like Gox for some time now.