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Topic: Yobit business practice (Read 70 times)

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October 06, 2017, 08:34:42 AM
#1
Yobit business practice:

Jail your coin -->  Coin price dropped to 1 satoshi --> Yobit bought all the coins at 1 satoshi  -->  Open up the wallet -->  price went up to market price -->  Yobit sold all your coins at market price and make a ton load of money -->  Jail your coin again   ... rinse and start over again
the SEC should investigate Yobit for price manipulation and jail all the owners for doing this.
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