Re:Crypto Wash Trading
by vineyardmike on Friday November 19, 2021 @04:03PM
(#29282461)
TLH is real, but "sell yourself the same asset at a loss" sounds fishy to me.
Because with TLH its not "the same asset" in that its not
(a) the literal same item moved from one hand to the other.
(b) its not the same item ticker (basically a day trade across accounts)
(c) Its not buying/selling with yourself
Because with TLH its not "the same asset" in that its not (a) the literal same item moved from one hand to the other. (b) its not the same item ticker (basically a day trade across accounts) (c) Its not buying/selling with yourself