April 19, 2019 BY Valentina Kirilova

Report: Crypto trading ‘bots’ caught arbitraging investors by front running

Another week… another report that reveals the dark underbelly of crypto exchanges and confirms the SEC’s worst nightmares about price manipulation in crypto exchange markets. The report this week, entitled “Flash Boys 2.0: Frontrunning, Transaction Reordering, and Consensus Instability in Decentralized Exchanges”, comes to us by way of researchers at Cornell Tech. They focused primarily…

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