@zachxbt I myself became a victim of a P&D on MMT and lost more than $1.3M. I wrote a complaint to Binance and they replied that itβs my problem.
@zachxbt Zach, I am more than sure that no one will be punished, because this is a profitable business for everyone. Exchanges earn commissions, market makers earn volatility, and projects can sell their useless tokens.
@zachxbt And even if exchanges do freeze funds, where would they go? To the victims of the P&D scheme? I donβt believe that.
All exchange owners are liars and would sell their own mother for an extra $1 million in profit.
BitFinex seems to have a problem...
Actually, nothing critical. The price of LEO started falling after BitFinex announced zero fees on the exchange. After that, a sale of LEO occurred. The only buyer was BitFinex, which bought and burned the token using the fee income