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Re:Insider Trading at Coinbase by londons_explore on Wednesday April 13, 2022 @06:01AM (#31012863)
Anyone smart would use a new wallet each time.
Re:Insider Trading at Coinbase by vlan0 on Wednesday April 13, 2022 @07:48AM (#31013541)
There was a time when this would work. But as we've seen with high profile taken downs, the folks like those at Chainalysis make it incredibly hard to obfuscate with any degree of certainty.
Re:Insider Trading at Coinbase by cuteboy19 on Wednesday April 13, 2022 @09:36AM (#31014490)
Withdrawals from Coinbase to would be indistinguishable from temporary insider trading accounts. And there are certainly a lot of withdrawals. And in many cases the trading happens off chain anyways
Re:Insider Trading at Coinbase by fuckcensorship on Wednesday April 13, 2022 @08:45AM (#31013953)
This isn’t true for Monero.
Re:Insider Trading at Coinbase by 0xdeadb00f on Wednesday April 13, 2022 @07:38AM (#31013483)
These are people who use coinbase (and I assume work for coinbase too) for sketchy crypto trading. Already not the smartest.
Re:Insider Trading at Coinbase by rosndo on Wednesday April 13, 2022 @07:44AM (#31013511)
Why is this trading sketchy?
Re:Insider Trading at Coinbase by 0xdeadb00f on Wednesday April 13, 2022 @06:14PM (#31020968)
I mean to be truthful I don't find it that sketchy, but clearly somebody does
Re:Insider Trading at Coinbase by ianpurton on Wednesday April 13, 2022 @07:04AM (#31013242)
Not necessarily. If people buy after you trade then the value of your wallet goes up.
Re:Insider Trading at Coinbase by mousetree on Wednesday April 13, 2022 @07:11AM (#31013293)
Could you explain further. I'm not sure I understand how this relates to the parent comment?
Re:Insider Trading at Coinbase by ButchC on Wednesday April 13, 2022 @07:21AM (#31013366)
Imagine you you had a magic button that suddenly increased demand for a volatile security any time you pressed it. That would be a fairly valuable thing for some people.
Re:Insider Trading at Coinbase by lbotos on Wednesday April 13, 2022 @09:05AM (#31014122)
If I have information that the price of x coin is going to go up and my friend knows I know, then they just need to follow my trades and they can make money too.

If enough people follow my trades then this can generate demand and actually affect the price.

Re:Insider Trading at Coinbase by drexlspivey on Wednesday April 13, 2022 @07:17AM (#31013340)
It’s in their interest if other people copy their trades because the asset values will go up