Most of the volume Mintpal ever had was generated by their own bots. They sold up either because they had fucked up and realised they couldn't cover their short trades, or there simply wasn't enough profit left for them in it. Credit where it's due, they may have been crooked, but they weren't idiots.
Along comes an idiot: Alex@Moolah. Just as crooked, but not nearly as smart. Buys Mintpal for a hefty chunk, too stupid to see that all that volume was imaginary, and doesn't have the team to run it, at all as it turns out, never mind with the profits the previous crooks were raking in by shorting every dunce who left a balance on there, with their own money.
Hilarity ensues.
Yes, you were all dunces, anyone with one eyeball and two brain cells could see the Mintpal bot legions at work, bleeding fiat out of your crypto, and not only did you dunces get what you deserved, the rest of us saw our holdings decrease in value too. So fuck you.
Silver lining - DRK is clearly the cryptocurrency of choice for criminals. Can't get a better recommendation than that.
