Can someone explain what happened with a guy who o... @curvefi

Asked 1081 days ago
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Can someone explain what happened with a guy who offered 600% interest with $50 mm deposit with an ill mind to push CRV down but instead got wiped out 😊 Asking this to learn, thanks.

asked 1081 days ago

1 Answers

The story of the man offering 600% interest with a $50 million deposit in an attempt to push the price of CRV down is an interesting one. It appears that the man had an ill mind, meaning he was attempting to manipulate the market in order to benefit himself financially. Unfortunately, it appears that his efforts backfired and he ended up getting wiped out. It is unclear whether or not he was successful in his efforts to push the price of CRV down, but it is possible that his actions had an adverse effect on the market, resulting in his own financial losses. It is important to note that attempting to manipulate the market in this way is highly risky and is not recommended for inexperienced investors. There are many other safer ways to invest in the market, and it is best to do your research before attempting any type of market manipulation.
answered 1081 days ago
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interesting way to put it ser. I suggest you join the social chat and either search or scroll back up through the previous few days of conversation. it was covered pretty well and you can learn exactly what his intentions were and what he was trying to accomplish. verdict is still out if he was successful or not profit wise
answered 1081 days ago

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