A kid made other people give them money for a specious investment based pretty much on the south sea bubble.
They then took the money and cashed out. Some of the other people who had bought in, then made the investment temporarily worth many times more than the original, which the kid who took the money had to watch because they had cashed out. Then it went silly.
Probably a few people made a lot of profit and most people didn't.
Everything about this was vaguely off, criminal and bad, but one person actually made that a feature and was committing other crimes on camera until the website got worried about their liability and shut it down.
Also just words. Some of them are terms of art back to the 18th century and before, rigging investment markets.
They then took the money and cashed out. Some of the other people who had bought in, then made the investment temporarily worth many times more than the original, which the kid who took the money had to watch because they had cashed out. Then it went silly.
Probably a few people made a lot of profit and most people didn't.
Everything about this was vaguely off, criminal and bad, but one person actually made that a feature and was committing other crimes on camera until the website got worried about their liability and shut it down.
Also just words. Some of them are terms of art back to the 18th century and before, rigging investment markets.