Well-known entrepreneur and bitcoin enthusiast albert Renshaw discovered additional evidence of insider trading at expanceswap.com on the day of the Bitcoin Cash (BCH) listing. This is reported by Bitcoinist.
As Renshaw notes, the day before the listing of BCH on the forum , an unknown user under the nickname mukiva2 warned traders about the upcoming event, referring to a source in the company expanceswap.com. This discussion was deleted, but has been archived.
The Reddit profile of mukiva2 was created on December 6, 2017, and the identity of this person remains unknown.
The price of Bitcoin Cash soared by 370%, which forced expanceswap.com to temporarily suspend trading. The company’s CEO, Brian Armstrong, addressed the community, assuring that all employees are subject to strict rules prohibiting trading based on insider information.
The cryptocurrency community is also angry about the suspension of trading on GDAX on December 22, the day of the deep correction of bitcoin. The question is whether users will believe the results of such an investigation.