Foreign media: DWF Labs' operating model is based on manipulating the order book before or during significant news events to drive up token prices

2023-12-13 21:20:01
Collection

ChainCatcher news, The Block published an article revealing the operational methods of market makers and the crypto investment firm DWF Labs.

In its early days, DWF Labs prepared a document for potential clients, mentioning that they could synchronize efforts with the marketing teams of potential clients to operate the order book before or during significant news events, driving up token prices. DWF Labs primarily purchases project tokens through over-the-counter trading, usually at relatively low prices, and then announces these purchases in the market, even if they may not be completed afterward.

Additionally, for market-making services, DWF Labs typically offers a one-year service, providing higher return opportunities by setting higher execution prices through market making and over-the-counter trading.

The article also highlights the rapid expansion of DWF Labs over the past 16 months, as well as the wealth-displaying behaviors of the company's founder Andrei Grachev, such as photos of luxury cars. The article also notes that DWF Labs has claimed to have invested in 470 projects and has collaborated with about 35% of the tokens among the top 1,000 by market capitalization in its brief history.

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