How are exchanges allowed to manipulate the market freely with no backlash? Is there anything in this world that's not fake and gay?

>>60741536 (OP)
they've literally been caught running wash trading bots and no one really cared just some fines but they made so much money from their scam they dont care

>>60741536 (OP)
You must be new

>>60741536 (OP)
everyone thinks saylor is going to be the next FTX but its actually going to be coinbase

>>60741536 (OP)
no one cares. Oneday we will have onchain dex that are completely transparent and fair, but right now its just too economically profitable to not scam people

>>60741536 (OP)
So this is why biz has been flooded with SXT shills as of late.

>>60741536 (OP)
why are you using caret browsing?

>>60741536 (OP)
Elaborate

>>60741536 (OP)
>a 10k poorfag in a drug-induced fantasy, imagines he's a whale and can move markets

kek

>>60742898
Exchanges make whatever price they want and fake the order books while the enforcement agencies turn a blind eye.

>>60742911
10k can move the price if the order book is thin, which presumably in this case it was, and it is reasonable that it is thin for small shitcoins.

>>60743242
It would move the price if it was left unchecked, but then any one with enough funds could set up bots to wash trade. If anything this tweet proves coinbase has a good system in place to prevent wash trading and price manipulation on shitcoins.
This pothead literally got flagged by the exchange's market surveillance system and thinks it's a conspiracy because he is a dumb pothead.

has anyone actually tried to cash out a large sum of crypto using coinbase as an off ramp?
I have a friend who has been stuck in limbo for a six figure amount and they have his account frozen for a few months now, making him jump through a TON of KYC hoops and keep asking him for very personal financial information he thinks is extremely inappropriate considering the fact that his bank account and information to deposit the money didn't have any issues.
I hope you guys have better luck when you "make it" and try to "cash out" your winnings.

>>60741567
Coinbase collapsing would actually be the end of crypto since they are the primary custodian of both Blackrock and Microstrategy through Coinbase Prime. Luckily we know for a fact they aren't doing a fractional reserve with the institutional holdings, retail on the other hand...

Even though institutions won't lose their BTC and ETH, just imagine what a black mark it would be if that company of all companies goes under for fraud.

>>60741708
>Oneday we will have onchain dex that are completely transparent and fair
We already have that and we have had that for years now, it is called Uniswap and a million other derivatives off of it (Curve, Fluid, Ekubo, Maverick, etc). The primary orderbook DEXs are dydx and Hyperliquid, but they are a bit more centralized than the LP based DEXs mentioned prior. Only idiots, Bitcoin Maxis, and institutions use CEXs, everyone else with a head uses DEXs.