Everyday I (and everyone else, knowingly or unknowingly) have to deal with basically someone trying to mentally rape the entire world market on binance and strangle it into buying bitcoin. I see the machine or team and how it strangles the price of bitcoin trying to force the price color to be green even when it's going down.
Literally every second people are forced into a borderline war by something that thinks its ok to strangle the price and try to "DISRUPT" (illegal/manipulation, cited in laws) the market. EVERY SECOND OF THE DAY something thinks its ok to strangle/screw with/force the price ticker of bitcoin to be green (even when it's going down). This is not ok and it's illegal. As a professional exchange I am certain Binance has the obligation to prevent something like this, but it has gotten worse and worse.
Tell me, there's an SEC and other equivalents in China. Why do you think Binance must be safe if they continue to allow this to happen? I almost want to sue them myself. They did allow U.S. customers there for a while and it had been going on before they were forced to leave.
There may be serious legal consequences and I might begin demanding an explanation as to why people think this is ok to put up with anymore.
Using robots to commit crimes is still a crime. Even if it's a bot, it belongs to someone, and they need to really be charged for the crimes they're committing.
link to previously mentioned new bitfinex case:
https://finance.yahoo.com/news/crypto-traders-lawsuit-claims-bitfinex-144356661.htmlArticle mentions a bot used by Mt. Gox that was used to manipulate bitcoin illegally by its website owner. Binance may be using a derivative of that software illegally. Either that or they're doing it themselves, or not banning whoever is. There will be legal consequences for them if they continue this behavior of acting like its not happening.
I've recently filed multiple reports with the U.S. CTFC and I may be getting ready to sue in the future. I refuse to put up with this illegal behavior any longer without there being any consequences.