New lawsuit accuses PWCC of massive shill bidding

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#11

05-01-2025, 02:16 PM

Peter_Spaeth Peter_Spaeth is offline

Peter Spaeth

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Join Date: Apr 2009

Posts: 34,278

Quote:

Originally Posted by Tabe

I'm curious to see the math behind their numbers. They claim they sustained losses of $13.9m because of PWCC but spent just over $10m on PWCC's platform. So they're blaming PWCC for a LOT of losses outside of the PWCC platform. OK...

Part of that is their claim (no comment on the merits) that PWCC's activities artificially inflated the entire market. The same claim that many made with regard to Mastro, so it's nothing new.

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Last edited by Peter_Spaeth; 05-01-2025 at 02:16 PM.

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