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/biz/ - Business & Finance

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15588734 No.15588734 [Reply] [Original]

Analysis: Chainlink Engaged in Pump and Dump Scheme to Manipulate LINK Price

Victor Fang, CEO of AnChain.ai stated:

“we are confident that our research is illustrative of artificial market manipulation as it involves a small number of addresses accounting for a hugely disproportionate transaction volume over a short period of time, and that these transactions were subject to various forms of obfuscation and concealment atypical of legitimate market activity”

https://all-stocks.net/analysis-chainlink-engaged-in-pump-and-dump-scheme-to-manipulate-link-price/

AnChain.ai report is the end of LINK. They submitted their findings to exchanges and regulators.

>> No.15588743
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15588743

Fang is going to hang

>> No.15588755

>>15588734
there'll be stupid idiots who think this is the bottom , buy in to see another 90% drop.

>> No.15588764

o shit linkies

>> No.15588775
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15588775

>>15588734
Thanks for the laugh OP. This "experts" are comedy gold. Imagine publishing on a blog

>> No.15588790

>>15588734
fake news this is Japanese LINE's LINK not the real Chainlink.

>> No.15588794

>>15588734
>anchain.ai

>> No.15588811

https://medium.com/@AnChain.AI/cryptocurrency-trading-investigation-market-manipulation-the-link-token-abcc3aa47567

>> No.15588826

>>15588811
Bytecoin did exactly that

Binance delisted them weeks later.

>> No.15588838

>>15588811
damn........ glad i sold
kek to all the losers still hodling to zero

>> No.15588887

Pajeets please you can do better FUD.

> Binance is the biggest LINK holder. They never will delist it.

>> No.15588900

Bullish that your FUD is getting so desperate

>> No.15588962

>>15588734
looks like fud to me.

>> No.15589219

>>15588962
Looks like they noticed someone dumping bags of 700k link.

>> No.15589311

>>15588734
What the fuck even IS "artificial market manipulation" anyway? I mean honestly. If an exchange did not lie about the prices of an asset, there's not really a problem.

>> No.15589323

lmao, whales accumulating. bullish as fuck. all you retards are being trolled into selling your link

>> No.15589334

>>15588734
absolutely based article. I hope the SEC takes action on the reports they've been getting.

Chainlink IS an illegal security. That is a fact. All it takes is for the SEC to decide it's big enough to warrant taking action. They are very selective of who they sue because of their limited resources.

>> No.15589336
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15589336

>>15589311
Pretty much shit like this.

>> No.15589342
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15589342

>>15589219
>I hope nobody actually reads it FUD

>> No.15589372

>>15588811
kek

>> No.15589384

do the raiders not realize we have no lives and refresh /biz/ (and usually /pol/) twenty-four hours a day

the interesting thing is that you are not kikes or pajeets, I detect white minds

>> No.15589466

>>15589384
They are literally gay men that send each other dick pics on discord. Calling them white is a stretch

>> No.15589963

>>15589336
I genuinely think that trying to manipulate the psychology of other people by taking advantage of how the exchange displays trades should not be a problem.

Also, seems like an incredible simple coding fix for Coinbase to make your pic impossible to do. (All trades made by 1 account are accumulated in a single row, until a trade by a new account is made. Time reflects the most recent trade time.) So fucking simple.

>> No.15590001
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15590001

Newsflash chainlink has been downgraded to an erc5 token with limited utility and no call and transfer function by the Ethereum Release Council.
Sergey will have to pled his case before Vitalik at the High Ethereum Court. Hopefully it goes well .

>> No.15590424

>>15588734
ATTENTION LINK FUDDERS: Those who repeat and link the "Link is a pump and dump 'research' article" need to take a seat and educate yourselves. The "analysts" have concluded that a small number of wallets engaged in large transfers while attempting to mask and source the destinations. They never say who and why. This is why the 'pump and dump' FUD is bullshit.

Put another way, lets say me and my buddies on Wall Street make an agreement to pump and dump a stock, lets say Exxon. We all agree to buy in massive quantities, we feed some positive news stories about new oil fields etc. to the media, and then when it peaks we dump. We get caught because this is illegal, unethical, and hurt the reputation of the company. Here's the important part--- THIS DOES NOT MEAN EXXON IS A SCAM, IT JUST MEANS SOME INVESTORS AND TRADERS ARE UNETHICAL CUNTS. The same has happened with Link. The team has STATED FROM THE BEGINNING how much they will be selling. If some faggots on binance want to manipulate the price, great I hope they get pinched, but THIS DOES NOT MEAN LINK IS NOT LEGITIMATE

>TL/DR
>DR/NS

Stay salty faggots