Intent to deceive, as I think of it, means intending to induce the other party to take an action that is to their detriment. Literally, yes, you could say in a vacuum that ML wanted bidders to keep bidding, but then you're divorcing the exercise from the whole point of fraud law.
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Four phrases I nave coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
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