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Crazy times, I heard about it on Youtube from Dwayne Cunningham a while ago. They had a lengthy talk about it. If more people would have been on guard, they could have not pulled that off. They had to buy off the whole market for a short time while doing their transactions. I think the "Steemmonster Inc" team knew of the risk and just decided to not act from the very beginning. Other whales could have abused that situation to drop GLX into those buy orders.
Deeper POOLs for arbitrage bots would probably also have done the job.
Everything too large for my capabilities, whale games.
RE: ⚠️A few Hive and GLS community members colluded to steal more than 250k USD // Biggest theft since Justin// The GLS exploit explored