Patrick Tan
1 min readJun 3, 2019

Dear Franklin,

It is not so much that it cannot be done — certainly not from a technology perspective — but more so whether or not there are sufficient economic incentives from the exchange to see that it is done.

Whilst it may help to generate increased trading volumes in the short term, in the long term, there are foreseeable risks and the potential for widespread losses from mismanaged HFT on already strained cryptocurrency exchanges.

Yours,

Patrick

Patrick Tan
Patrick Tan

Written by Patrick Tan

General Counsel for ChainArgos, the blockchain intelligence firm made famous for breaking the story that BUSD was unbacked by US$1.4bn

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