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the thing about the avi eisenberg case which might confuse onlookers is it only really makes sense as market manipulation under the crypto-exchanges-are-legitimate-regulated-exchanges theory
this is re: the mango markets case some people seem to be claiming there are far more ethically questionable things he's done
if crypto exchanges are casinos he's the guy who walks into the casino and makes millions off the house by counting cards.
under the build-financial-institutions-out-of-a-Hobbesian-state-of-nature theory he's operating on the law of the jungle.