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submitted 4 weeks ago by Xatolos@reddthat.com to c/technology@lemmy.world

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[–] pandapoo@sh.itjust.works 8 points 4 weeks ago* (last edited 4 weeks ago)

Oh my god, someone please tell me about understanding of the following facts are wrong:

They did all of that, compromised a SEC employee and the official SEC Twitter account, to move the price of Bitcoin only around 2.2%.

They could have just put sell orders in, and waited a month.

All that risk, just to bump the price up $1,000, when it was already trading between $45-47k.

That is so dumb, so painfully dumb, that I almost feel bad about laughing my ass off about this. JFC.