Bancor had a front-running problem, so it hired one of the manipulators to fix it

What's a decentralized exchange (DEX) to do when a pesky front-runner is ripping off your clientele? You hire him.

That's exactly what decentralized exchange Bancor did when users of its platform noticed that a trader was jumping in front of other users' market orders. Front-running is a type of market manipulation and a common practice on Wall Street, ranging from large banks trading ahead of their clients' orders to turn a profit to executing a trade based on non-public information.

Original source
https://www.theblockcrypto.com/2019/05/14/bancor-had-a-front-running-problem-so-it-hired-one-of-the-manipulators-to-fix-it/?utm_source=rss&utm_medium=rss&utm_campaign=default

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