ISSA BAILOUT

support.okex.com/hc/en-us/articles/360011941512

WE FUCKING MADE IT
MOONTIME BABY

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FUCK. YES.

SUCK MY DICK BEARS.

so they basically scammed him?

>The client with user ID 2051247 initiated an unusually large long position order (4168515 contracts) at 2am on July 31 (HKT) and triggered our risk management alert system. Our risk management team immediately contacted the client, requesting the client several times to partially close the positions to reduce the overall market risks. However, the client refused to cooperate, which lead to our decision of freezing the client’s account to prevent further positions increasing2. Shortly after this preemptive action, unfortunately, the BTC price tumbled, causing the liquidation of the account.

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>Our risk management team immediately contacted the client, requesting the client several times to partially close the positions to reduce the overall market risks.
>However, the client refused to cooperate

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margin trading is a scam as a whole. FUCK them all. WE GONNA MAKE IT

it was either
>crash the market
or
>fuck one richfag over

chose one

how does this change anything lol

The client with user ID 2051247 initiated an unusually large long position order (4168515 contracts) at 2am on July 31 (HKT) and triggered our risk management alert system. Our risk management team immediately contacted the client, requesting the client several times to partially close the positions to reduce the overall market risks. However, the client refused to cooperate, which lead to our decision of freezing the client’s account to prevent further positions increasing 2. Shortly after this preemptive action, unfortunately, the BTC price tumbled, causing the liquidation of the account.

>freezing big clients account
>the client then can’t access his shit before being liquidated

Wew lads these chinks are gonna get sued so hars

>To reduce the market risks induced by this incident, the following actions will be executed:

>Injecting 2500 BTC from OKEx’s own capital pool into the insurance fund.

was it that fucking hard to read

That doesn't mean it's going in one big buy order lmfao wait and see bud

So the chinks are framing it as theyre the victims coming to save the retarded client, should work fine actually.

2500 btc isn't that much

Yeah that too

>OKex uses 22m at 20x leverage to buy most of the 400m, whales market dump on finex, 10% drop okex gets liquidated themselves on top of the initial 400m.

Why aren't we mooning

7min left

I knew his was a big fat fucking nothing burger

The China HUSTLE

Every month for the past 3 months there was some doomsday fud that crashed the market only to be a nothing burger, all of this shit is contrived.

You promise moon where is moon cunt

We deserve to make it, fuck all the FUD.

Give it a min, they have to act like theyre surprised.

That would be the funniest shit ever.

LOL
I wonder who could have crashed the market?

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FUCKING MOOOOOOOOOOOON

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This isn't going to work out...

I am a brainlet, and this just sounds sketchy as fuck/idiotic

Damn, I was really hoping to get some bitcoin below 6k. Oh well.

We will moon all the way until ETF decision, at that point, the SEC will decide the fate of crypto.

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It will work, preying on brainlets is what these people do, they're literally born for this shit.

>There are people on this board RIGHT NOW who fell for this shit and tethered up at the bottom
$7400 incoming right now

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lol this whole market is chinked

actually it's already here

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>2500 btc
>covering 400mil

Use the ole noggin.

vased chinks do it again, and Jow Forums wins along with them

7377 on okex :(

bitcoin = $160,000 incoming

2500*8000=400,000,000

im a math phd i know my shit

that will not happen

lol. OKex is about to get whaled. That angry rich dude is about to revenge dump to bankrupt them.

> Such actions will largely reduce the socialized clawback ratio of this week.

Obviously they're not going to pay the 400 mil from their own pocket, the clawback is there for that reason.

KEK ITS LITERALLY GOING UP NOW

They are the victims now? lmao

With these kind of generalized practices BTC will never get an etf or any approval from any serious institution for that matter. It's not just about barts, P&Ds, fake sell walls and shit, the whole exchange community is sketchy as hell.

>We moon now

Fucking lol

kek

>$7400 on Coinbase

Kek, Bears categorically BTFO

damned if you do damned if you don't

OKEX JUST PULLED A REVERSE GOX
they're going to ban anyone who tries to stop them from buying coins but can't
>During the settlement at 4pm August 3, 2018 (HKT), if any attempts of malicious manipulation of the settlement price are found, we will delay the settlement process for 10 minutes and manually adjust the price back into a reasonable level before delivery or settlement. The account which made the malicious attempt will be suspended immediately.

the golden bull starts now

LOL 7400
HAHAHAH
9k INCOMING
BEARFAGS REKT

That will never happen unless bitfinex goes apeshit with their tether printer. At this point everyone knows the entire crypto market is absolutely rigged, so who cares anyways. Just pump this shit once and for all.

Thanks for the prompt news desu. You're the reason why I browse biz

If you don't think the market will react positively to this news, you're a fucking brainlet. Alts crashed upwards of 30% in the past few days. Reversal INC

When you have to pray on a Taiwanese Knitting forum it has gotten bad.

I have a chink feeling about this
AHHHHHHHHHHHHHHHHHHHHHHHHHH

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the news will kill btc

ex is manipulated

>muh decen

you have been begging for this all day.

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Nothing to see here folks.

its not moving

7400 it is

goodnight folks

>push eet sideways
>then load the same exact china fud when he goes to sleep

FUNDS
ARE
SAFU