Quote:
Originally Posted by iceboi
Does these "hacks" result in a lost for the trader? Or do they have some kind of insurance. Because if this is not the case, then it would be easy for the exchange to stage a hack and run off with the money.
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exchanges make a killing...they do not need to stage anything...imagine having an exchange and the ability to punch in zeroes when trading or even just slowing shit down for others when a move is coming
...or lending out "air" money on margin and wiping it out