$RIVER The drama continues, estimated to be quite interesting. Definitely needs to reach $20.
RIVERUSDT
Perpetual
20.71
+16.29%
1. Rumor has it that River misappropriated over 10 million U in user DeFi deposits (some say 11 million or 12 million) to accumulate chips for market manipulation.
They originally planned to quietly accumulate chips, and then pump and dump once they had enough control. But then—the market maker's (MM's) front-running got counter-traded away! 🐭💸
2. Plot twist: After being "backstabbed," urgently finding a new MM to plug the hole
With the money counter-traded away,