MartyParty(@martypartymusic):Understand wash trading. Ive been educating on this for years. It is legal for crypto exchanges and crypto hedge funds because the Clarity Act has not passed and is the reason the Clarity Act didnt pass yet. Example: If you have $100m of Bitcoin you can sell it on exchange causing a leverage cascade. You can then rebuy the Bitcoin at the low price. You have more Bitcoin and more than $100m. You extract leverage trader collateral and asset strip panic sellers. Its the oldest exchange scam and was regulated as illegal on the stock market after the 1929 crash in 1934. Go read the Security Act of 1934. The wording is exact.

2026.10.30 14:11

Understand wash trading. Ive been educating on this for years. It is legal for crypto exchanges and crypto hedge funds because the Clarity Act has not passed and is the reason the Clarity Act didnt pass yet. Example: If you have $100m of Bitcoin you can sell it on exchange causing a leverage cascade. You can then rebuy the Bitcoin at the low price. You have more Bitcoin and more than $100m. You extract leverage trader collateral and asset strip panic sellers. Its the oldest exchange scam and was regulated as illegal on the stock market after the 1929 crash in 1934. Go read the Security Act of 1934. The wording is exact.

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