Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: MRM on September 05, 2020, 06:29:20 PM
-
A trading strategy famously used by George Soros in the 1990s could ruin the Ethereum economy, according to the crypto finance firm Amber Group.
There’s a way to destroy the economy of the world’s second-largest cryptocurrency, Ethereum—and it’s a scheme not dissimilar to a trading strategy used by billionaire investor George Soros in the 1990s, who made billions of dollars by shorting the British Pound.
That’s according to researchers from crypto finance firm Amber Group, which earlier this week published its findings on the matter in a Medium post.
Source: https://decrypt.co/40900/george-soros-scenario-could-destroy-ethereum