This is an example of a fraudulent 75 million dollar buy order on Bitmex, it appears it was an attempt to prevent the price collapsing. Price collapsed as order was removed.https://www.youtube.com/watch?v=gR8rPA2Jxm8 …
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You're applying HFT and general secuirities law to an instrument that is outside the relevant legal application. Additionally, there is no guaranteed spoofing orders are without risks. Orders can be filled. Front running doesn't apply to OTC debt. Ultra vires
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Bitcoin is a commodity.
End of conversation
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