'Your trades are public' - Ilies Larbi, Ouinex Owner Exposes Brokers - On the Margin w Ivan Patriki

No way Ilies Larbi actually told me this.. the crypto industry has a dirty secret and guy behind a HUGE brokerage, Ivan Patriki learns the truth about it.He said he's building a brokerage to fix it.. I'm interviewing about it and seeing if it's actually true. I sat down with the 20-year traditional finance veteran and founder of Ouinex, to pull back the curtain on what actually happens when you trade crypto. From how exchanges legally sell your order data to hedge funds trading against you, to the VC token scheme that's draining retail money on every major listing, to why he's heard the rug pull pitch more times than he can count - this conversation goes places most people in crypto won't touch. If you're putting money into any trading platform or token right now, watch this first. Ouinex is a multi-asset trading platform built on traditional finance infrastructure - the same systems that have protected retail traders in regulated markets for 20 years. Instead of letting institutions see and trade against your orders, they've built a wall that forces market makers to compete blindly for your trades. 00:00:00 - Introduction00:01:08 - Is Crypto a Scam?00:03:02 - How Institutions Trade Against You00:06:12 - The Chinese Wall That Protects Retail00:08:49 - How Brokers Sell Your Data00:10:21 - How Do We Know You're Telling the Truth?00:12:03 - A-Book vs B-Book Explained00:14:09 - How Ouinex Actually Makes Money00:15:27 - Ouinex vs Hyperliquid00:19:14 - How He Got Liquidity Providers00:22:01 - Why He Started Ouinex00:25:44 - What Are People Trading Right Now?00:28:58 - Using Client Data as a Signal00:33:17 - The Demographics of Profitable Traders00:37:38 - Why Less Leverage Makes You More Money00:44:48 - The Worst Part of Crypto00:48:10 - The WIKS Token Launch00:55:34 - No VCs — Funded Entirely by the Community00:56:16 - How a Rug Pull Actually Works00:58:01 - How the VC Pump and Dump Works01:01:49 - What Stops You From Rugging?01:06:27 - How Much Money Is Enough?01:12:14 - Do Regulations Actually Mean Anything?01:19:41 - Advice for New Traders01:32:23 - How to Spot a Scam Signal Seller01:38:23 - How to Start a BrokerageCheck out Ouinex:https://ouinex.com/enhttps://x.com/Ouinexhttps://www.instagram.com/ouinexexchange/Check out Ilies Larbi:https://www.linkedin.com/in/ilieslarbi/enhttps://x.com/ilies_larbiMore of On the Margin:https://www.themargin.tvMore of Boaz Sobrado:https://x.com/sobradobhttps://www.instagram.com/sobradob/https://themargin.tv/boaz-sobradoMore of Ivan Patriki:http://www.linkedin.com/in/artizthttps://substack.com/@artizthttps://t.me/ivanpatrikihttps://www.instagram.com/artizt/https://www.tiktok.com/@ascendedhttps://x.com/Ivan_patrikihttps://www.facebook.com/ivanpatriki22/https://themargin.tv/ivan-patrikihttps://www.financemagnates.com/author/ivan-patriki/https://financefeeds.com/author/ivan-patriki/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.on-the-margin.com