Comment: Nothing to see here, just free markets at work.

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Nothing to see here, just free markets at work.

Sounds like more of free market than a scam. Obviously, he has to change the ask/bid spread according to the buyers and sellers approaching his exchange.

If he changes it too much than he'll lose buyers and sellers. So he can do all the fraud he wants to. If people don't like the price spread, then they'll just go to a different exchange.

Nothing to see here, just free markets at work.