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Bitstamp's big flash crash wasn't manipulation, exchange says, but the event spurred internal investigation
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“Everything worked exactly as intended.” That’s the message Hunter Merghart, head of Bitstamp U.S., wants to get out to the market regarding a May 2019 “flash crash” that some have tied to possible market manipulation on the European trading venue. On May 17, a trader placed a large sell-order on Bitstamp, triggering a six-point market […]
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