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Wednesday, February 01, 2023 8:41:52 AM
Just a food for thought -- It may be a possibility for the MMs to intentionally maintain the price in this range $0.70s because if they let the price rise substantially, they may fear the motive for their spoofing action may be readily established, which Citadel has vehemently try to say otherwise, despite that it just doesn't matter spoofing is spoofing regardless price increase, decrease or not.
So in that case it should be easy to collect more evidences of other kinds of illegal MM transaction activities so they do face the possibility of being exposed with more illegal activities while trying to cover one illegal activity (spoofing).
Anyhow it seems the lawsuit will enter the next phase where there will be a rich discovery of some more serious illegal activities committed by MMs during the same period, including naked shorting if a rich out-of-court deal in the billion(s) is not reached. I guess the only thing that matter to them as of now is just delay this process at any cost.
So if with news, price doesn't increase duly, Mr. Black and our lawyers should have some rewarding and exciting field days.
![Bullish](/static/images/ih2-bull.png)
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