CandleFocus Crypto executives unveil FTX market manipulation from the early days
2024-10-19
Author: Content Editor
In a recent podcast episode, executives of a top 100 cryptocurrency, MultiversX Labs, accused bankrupt crypto exchange FTX of engaging in market manipulation. The executives claimed that FTX pumped, farmed, dumped, and shorted MultiversX tokens, causing significant harm to the project. This alleged manipulation coincided with a period of volatility for the cryptocurrency. The revelations have shed light on the potential reasons behind MultiversX's poor price performance over the past three years. However, it is important to consider other economic factors and incentives that can impact cryptocurrency prices. The insights provided in the podcast episode serve as valuable lessons for investors as they prepare for a potential bull market and altcoin season.
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