The guy is a hero, took on Wall Street guys and proved a match to their own, but much bigger manipulations. Just for an example, could anybody give an answer why there are so many "exchanges" in the Anglo-Saxon world, without which it would be much harder to front run big transactions. Who has promoted it and whose "business" is thus well protected.
How this guy was able to do it from his parents house, far removed from exchange/s and certainly not having any access to the fast internet connections with a billion USD price tag for several month's rental.
Obviously he is a threat to well establish business of ripping off the unaware.
Apart from being a hero he also must be a genius!!!!
If he is such a threat, and a criminal, who and were are his victims.
Hope he will receive a worthy recognition at least by drawing attention as how easily markets are manipulated, it is reported that he gained $40ml, can anybody tell us what was the last year's bonus of the chief cook of Greek national accounting before they (unfortunately for everybody) joined Euro?
I remember at the time of that crash, the "explanation" afforded by the wise and in charge was that it has been caused by a trader that pressed a wrong key by mistake
What is by far much more disturbing is the fact that majority of "private pensions" are directly linked to such un-"stable" environment.
Whenever there is a crash, there are losers and gainers, in greater measure pensioners are hardly included in the wining camp, but that is not the case with the mangers of pension and hedge funds, even poorly managed ones.
Have lots of fun, but remember the poor guy,
2be
