Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
NorrisK
on 20/02/2018, 07:37:50 UTC
Hacker has apparently laundered ~84 million already:
This would give lots of downward pressure ...

https://asia.nikkei.com/Markets/Capital-Markets/Coincheck-hackers-have-laundered-84.7-million-worth-of-NEM?page=2

Ah well. Looks like it's run away from them. Let's get it over and done with and move on. It's going to be a bit sucky for a while.

Yeah things holding up well considering that it’s a one way selling flow in size. Hoping it’s nearly done. NEM will need some headlines to bounce it back though. Any ideas of what these might be?

I find this hard to believe, especially when you consider the enormous volume this exchange needs to have coupled with the fact that there will probably be a huge price gap between the exchange they are laundering on and the other exchanges.