LexLine #159 - Outsmarting Bots: Game Theory or Market Manipulation?

In this episode of LexLine we discussed a recent NFT bod trade on the Blur marketplace. The trader Tweeted that he caught a bot shadowing his Blur NFT bids. The trader then made 12 Azuki NFTs available for bid on Blur. The bidder then placed bids on those same NFT assets he already owned to allegedly lure the bot into copying his moves. The bot took the bait and made 50 ETH bids on each of the 12 Azuki NFTs. In the end, the trader accepted the bot’s bids and made a gain of 800 ETH, or US$1.5 million. https://open.substack.com/pub/cryptocriminaldefenselawyer/p/outsmarting-bots-game-theory-or-market?r=1px4pf&utm_campaign=post&utm_medium=web