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Suspicious behavior on Kraken exemplifies the gap between crypto and legacy market structure (via

@_RJTodd

) theblockcrypto.com/2019/03/12/sus

Jesse Powell

@jespow

Mar 13, 2019

Suspicious behavior on

@TheBlock__

exemplifies the problems in taking on investors with a habit of terminating journalists. Obvious #deletecoinbase retaliation hit piece.

@mdudas

an epic Neutrino apologist but I get it -- you're scared for your life. Only excuse for this trash.

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Ryan Todd

@_RJTodd

Mar 13, 2019

Reported it exactly how we got it. Point of the article is to highlight the gaps still present in crypto market structure, execution/slippage costs as one example. If anything you should be annoyed at your customer support staff. Let a large institutional account walk over $1500

Jesse Powell

@jespow

Mar 13, 2019

It's not a "complication". It's how markets work. It might be complicated and above your head but that doesn't mean there's a gap in anything but your own education. As a journalist, you owe it to your readers to do a bit more than "report it exactly how you got it". Lazy.

Ryan Todd

@_RJTodd

Mar 13, 2019

Only thing complicated is how a supposed "$4B exchange" is acting like a total bucket shop. You guys sold down 2-3% below rest of the market, a big institutional account flagged an irregularity to your staff and they responded like he was a kid with an E-Trade account. Be better

eric.eth

@econoar

Mar 13, 2019

A 10k market sell would drop price on ETHUSD Kraken 5% right now. This happens on Coinbase daily. Not really sure this is anything new...

Ryan Todd

@_RJTodd

Mar 13, 2019

Feedback noted, still stand by what we wrote. Point of the article isn’t Kraken, but rather execution and a level of trust that institutional accounts expect from their counterparties. Feedback we’ve heard is there’s still a wide gap there, even with the legitimate exchanges

Replying to

If the point isn't Kraken, remove Kraken's name from the piece. You're going to stink as long as you keep standing by that turd you call an article.

4:52 AM · Mar 13, 2019Twitter Web Client

Replying to

You got to admit,

has a point.

Absolutely. This is not acceptable. It almost seems like someone has vented out their anger and the Block published it. That way thousands of articles could come up because someone lost 4% somewhere.

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