Post
Topic
Board Speculation
Re: bitfinex back on track leading the market.
by
1Referee
on 24/09/2016, 09:17:39 UTC
probably its just bitfinex trading their own money

They don't have any money, right?
They just issued a big set of IOUs to cover the hack.  Tongue

That aside, an exchange doesn't even need money to trade with. They can just appoint a certain amount of (not existing) fiat and coins to certain accounts, and start manipulating their entire market. Just like MtGox did back in the days.