Can someone tell me? Why was the coins valued after the attack? It's not normal but you are still accusing only LC. I think the Mona's team also responsible from this attacks because investors warned them multiple times but they choosed let that happen. They preferred not to do anything to prevent the attack. Why?
I would like to thank Livecoin and Hhampuz for accepted me to this nice signature campaign.
I'm leaving the signature campaign, good luck everyone.
This is exactly why markets need to be frozen after an attack. When a coin wallet is closed on an exchange it means arbitrage is no longer possible so the only trading that occurs is with the coin balances that already exist on the exchange ledger. It means that people who have a large coin balance on there (e.g. whales, coin developers and the exchange themselves) can manipulate the price because more coins at a lower price bought at another exchange or from a HoDL cannot be sent to the exchange.