He was strictly advised by kraken NOT to dump the coins on the market, and they could arrange a private sale...

I expect that the jap was perfectly aware of what he was doing. He must have known that dumping on a market is going to create a snowball effect, and he must have seen what his first dumps caused. Otherwise he's the biggest retard to ever be left in charge of real money. So there had to be some reason for him to handle it the way he did, such as some friend of his having a short in place before the dumps.

I sure hope this guys identity isn't public. Cause he sure is gonna end up like that SK politician.

His identity is actually public.

RIP. He caught a little too much heat on this one.

>set up short with 100x leverage
>dump 8000 btc

...

Everytime something like this happens ppl talk about how they should be lynch
But funny enough they always get away with it and after a few weeks nobody cares

except for that south korean politician. I wouldn't be surprised if organized crime in korea and japan are big on crypto.

haha everyone is butthurt that for once market worked like a market
got too comfy thinking that exchanges would keep washtrading price up to infinity so no one would dare sell and take profits?
you faggots deserve this piece of shit to go sub-1k where it belongs

I know some guys working with the trustee and they paid him some big bucks.
They are shorting the market hard.
>Insider info best info!
Just made $45.000.000 in the last 2 months.
Feels good man!

nuke the japs again, this can't go unpunished

I'd be surprised if he doesn't have a heart attack soon

>calls others butthurt
>YOU FAGGOTS DESERVE THIS REEEEEEEEE
lol. I'm just speculating whether or not we'll see another crypto-hit in Asia.
>market worked like a market
>REEEE IT REALLY BELONGS AT 1k BECAUSE I SAID SO
lmaoing at ur life. You think people are losing money from this but it's quite the opposite. A shit ton of money of being made right now shorting the market.

This isn't how markets work, large amounts are traded privately through brokers at banks or other financial institution.

don't tell him that. you'll make his mind explode and he'll start pulling out libertarian strawmans.

>implying i'm not shorting since january and having time of my life
>confirming some of you are indeed are stupid faggots

That was a politician try to ban something
Here its a rich guy who shat on every little investor
Other whales probably knew about it or dont care that the market will be down for months
Look at every scam out their ie bitconnect
All this guys walk away free because ppl are pussies
Or look at madoff (he served prison time but still)
Nothing will happen

>This isn't how markets work
haven't seen you complaining when people were marketbuying like this through resistance on the way up

YOU WILL SUFFER FOR YOUR INSOLENCE

>You think people are losing money from this
Yeah, they quite literally are.
>A shit ton of money of being made right now shorting the market.
kek. That's not what the majority is doing, and shorting this shitshow is a massive gamble. We've just had a taste of how manipulated the market is, there's no telling what it'll do next.

Link please

japan was a mistake

>Here its a rich guy who shat on every little investor
The true Veeky Forums Souls begins here.

Rate message?

bitconnect and shit are obvious scams no whale could ever fall for.
All it takes is one whale who was out of the loop and a little pissed off about his losses.

Wont happen boy
Thats just a poor coping mechanism

HOW HE JEW US WHEN HE SLANTY AF

Absolute madman

Not only did he dump, he dumped at resistance points on the bubble pop chart. In the meanwhile Nikkei surged. This is policy.

I'm not wishing for it to happen. I don't give a shit either way and I know it probably won't. But it's a possibility. He's gotten himself a little too much attention. I personally wouldn't be comfortable in his position unless he has ties with the Yakuza.

>yakuza
>thinks this useless dead organization can do anything anymore

Lmao enjoying our unregulated markets are we lads?

Actually the market is regulated. If the FTC and USTC decide it's market manipulation, he's getting a visit from the FBI.

>unregulated market
>sold because of regulations
hmmmmmmmm

>FBI
>Japan

FBI has a complete jurisdiction over Japan. Japan is still an occupied territory, brainlet.

never trust japs
Or chinks....
There are few good ones, most scheme ideas for personal gain only
We didn't nuke for no reason, we gave chances. Then they continued schemeing and making sneaky moves

>chink mafia will avenge us
>government will avenge us

Meanwhile the bitgrail owner trying to buy his own private island.

i'd probably do the opposite of what kraken said too. they're the biggest fucktards and joke in the market. can't even keep their site running

Well, bitgrail wasn't fucking with BTC markets, only with your shitcoins.
FTC and USTC said that they are regulating only the BTC markets so far.

>Actually the market is regulated. If the FTC and USTC decide it's market manipulation, he's getting a visit from the FBI.
no, he is getting raided by seal team six for that
that level of delusion and coping

>or was taking advice from (((elsewhere)))

That's literally the law that was passed recently. BTC markets are regulated the same way the stock markets are and the manipulators will face the same consequences.
So the jap will face the same consequences, as he would face if he tried to dump S&P 500. Which is 20 years of anal rape in American prison.

Fark'n hell.

You can almost guarantee 100% that the trustee is making huge profit from this by loading up huge shorts (or having friends do it).

That makes me think the game is over. It's like somebody has allready hotels at Monopoly and we are walking the streets trying to get free money

tradingview.com/chart/BTCUSD/6GuxadAx-Manipulated-Dump/
If you have less than 10k btc you're not gonna be able to afford a great assassin. This shit is going under 1k.

You want to drop another nuke or what? A japanese court allowed a japanese man to sell assets from a japanese exchange.

yep...

>have access to a shitload of free BTC that can crash the market with no survivors at a whim
>don't gain or lose a dime by directly selling it
>but massively loading up on shorts just before dumping it would make you filthy filthy rich

i can't imagine that anyone with a functional reward center in their brain and a 100+ IQ wouldn't do that.

>can't into history, basic trading agreements etc.
>calls others brainlets
japan is basically the US's bitch. the FBI sure as hell as jurisdiction there. hell, the abc-boys probably get their dicks sucked the moment they get off the plane in tokyo

bullshit.

Because he can tank the market. What can people do? Put a 1000 BTC on his head? No one's going to do shit for $5.

>being this much of a brainlet

dailymail.co.uk/news/article-5413813/South-Koreas-cryptocurrency-regulator-dead-home.html

1. Japan isn't allowed to have military
2. Japan isn't allowed to have intelligence agencies and the law enforcement answers to CIA
3. There are occupational military bases all over Japan

The occupation never ended, brainlet.

...

Veeky Forums hid my "joke" meta-tags, sorry

y-you too

>trustee market dumped the coins to himself
kek

Am I the only one who finds it frightening that the first point on their list is "don't sell coins".

Even managers of large crypto exchanges, who should be impartial, seem to possess a delusional hodl mentality.

are you retarded? it's simple logic. BTC isn't liquid enough for anyone to dump 100k+ at once, you're going to get an extremely bad deal, and crash the market in the process.

In a truly decentralised, unregulated market this can happen if the following criteria are met.

1.) Someone owns enough BTC to crash the market and,

2.) They want to.

Fuck the exchange trying to decide how and when this jap sells. That's not how the wild west works.

NOBODY CARES
this is what's called a free market
if demand didnt meet supply boohoo
welcome to reality
better that way anyway, people who bought his stuff probly stronger hands.

Sure. The REAL question is :
Why not auctioning the coins?
Why not use a dark pool?
Why do it out in the open CRASHING THE PRICE OF THE REMAINING 80%?

(Questions are)

cause he can

asians only care about themselves and love to fuck over other people

He is either retarded or a shill in damage control mode.

maybe he shorted 100x leverage beforehands and profited double and all his friends too?

This is extremely bad business for exchanges.

>thinks he knows something about the Japanese >underworld and their relationship to modern >zaibatsu

Why are you retards so fucking stupid? It's literally his job to salvage as much as possible to pay out the victims, on orders of the government. Yet your deluded stormravaged brain think this is a personal attack on you. If you want to hate someone, hate the prick that caused this and tried to con his way out, that white fat faggot from your own race. You're not entitled to shit, you decided to enter this famous ponzi. Blame yourself as well.

what's happening here isn't a free market characteristic, the market is held hostage by a couple of individuals because criminals exploited a centralized loophole.
i guess this is another form of proof that a free market simply doesn't work. people will always try to find loopholes and band together to massively tip the scale in their favor, even if it fucks up the whole system in the process.

are you seriously this mentally challenged? The whole point of this thread is that he could have sold BTC WITHOUT CRASHING THE MARKET.

Then blame the victims demanding compensation asap. You know, all those white americans. His job is to make funds to return. Not go on localbitcoin and met some shady dealer in an alley.

Exchanges need to uncouple BTC from alts and crown ETH. It's the only way.

The Jap is going to keep market selling at the bottom instead of OTC.

Nobody complained about free market when prices were going parabolic and now it seems to be a problem for you brainlets. Enjoy your bags, this is just the beginning.

well he either way did something shady, cause he collected the 400 million to pay of the scammed customers and is still left with 2 billion dollars. What now?

He's a trustee dude. His loyalties lie with the job, the assets charged to him and the Japanese courts. Honestly, he doesn't give a shit about BTC and doesn't have an investor mentality and never will. You guys need to chill. If I was a trustee assigned by courts, I would've done the same thing. I have deadlines to meet and dumping on exchanges was the fastest way to liquidate.

>have BTC
>want to sell and make money
>NOOOOO YOU SHOULD CARE ABOUT US SMALL FISH TOO I WOULD DO THE SAME
kek you you guys socialists or what? it's his right to sell it. if it crashes the whole buttcoin market it's just an indicator how shitty this ponzi scam really is

the free market is right though: a bitcoin simply isn't worth USD 10k

>selling for profit to pay the people who got ripped off at gox is bad
Fuck off, moralfag.

Could he have been given orders by (((Them))) to sell it deliberately and also ANOUNCE it ?
Could (((They))) have benefited by getting better entry positions while shorting the market at the same time?
Does “ He” believe the market if going to 0?
Does he like losing a billion dollars ( on the remainder )?
Could he perhaps just be a sub 70 I.Q?

>bitcoin is being bought up by large and established financial institutions

>butters actually get their money (+ profit) back after the Mt Gox hack, which was previously thought inconceivable
>still complain

I'M ENTITLED TO GAINS BECAUSE I JUST AM! HOW DARE THIS YAMATO FUCK DO HIS JOB?!? HOW DARE THE VICTIMS DEMAND COMPENSATION? HOW DARE PEOPLE SELL AT LOWER PRICES THAN MY BUY-IN?!? I SHOULD HAVE BEEN RICH NOW SINCE I NEVER FAIL AT LIFE UNLESS THERE'S A CONSPIRACY

insider trading, he probably opened huge 100x leveraged trades at 20k with his buddies, and proceeded to dump.

this. lmao@biz retards

This, and thus he could have sold at a better price.

I'd love to be a fly on the wall of his office now he realizes he single-handedly crashed Bitcoin, and he basically shot himself in the foot.

>What do you mean, my actions have consequences????

Because a lawyer working for the court surely would be stupid enough to risk inside trading when the court is breathing down his neck. Veeky Forums really is dumber than /v/, /pol/ and /r9k/ these days. Stop being such an emotional brainlet.

WHY ARE YOU SO FUCKING RETARDED ?
80% of the coins remains
80% of the coins remains
80% of the coins remains
DID HE INTENDED TO LOSE MONEY FOR HIS CLIENTS ?

it depends on your definition of a free market
for me a free market and its participants can do whatever the fuck they want