Crazy market manipulation by @FTX_Official .$BTC reached 10K USD !!!
I suggest my followers please stay away from this exchange.
Huge manipulations are on regular basis with this exchange.#BITCOIN #Crypto #cryptocurrency #cryptocurrencynews #SCAM pic.twitter.com/aPt3QSFobK
— ₿itcoin ₿aba™️☮️( DERIBIT) (
FTX had already made a lot of buzz in November even before the aforementioned incident. At the beginning of the month, Alamada Research was slapped with a $150 mln lawsuit for market manipulation and racketeering.
This came after an accidental attack on Binance's futures platform that took place on Sept. 15. Since Binance's liquidations are tied to the index price, the market wasn't affected, but the plaintiff insisted that the was still significant damage involved.
Alameda Research quickly dismissed the "nuisance suit," claiming that it had no evidence to back up any wrongdoings. Read More Here