Sentences with phrase «gox trading bot»
Some see it as today's version of Willy, the Mt Gox trading bot that manipulated...
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Many have called USDT the new «Willy bots of 2017,» recollecting the 2013 trading bots used on Mt Gox to pump up the price that year.
After Mt. Gox shut down, someone in the community discovered the existence of two trading bots, Willy and Markus, that were responsible for massive volumes of suspicious buy orders.
With all the allegations of Mt. Gox's automated trading bot, which has been dubbed «Willy», algorithmic trading is getting a bad rap.
The bots were capable of taking advantage of a bug on the Mt. Gox exchange that made it appear as if they were performing valid trades with lots of bitcoin that didn't really exist.
Cointelegraph Mark Karpeles admitted to prosecutors the so - called «Willy Bot» existed and traded at Mt. Gox.