This could have been done by some whales that just got together, but if anyone from GDAX was involved with this(i bet there was) then yes they should be accountable. This is the problem with having decentralized and unregulated systems. They are great, but then there are people that are going to take advantage of it.
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I stayed away from BCC at the time. I had a feeling that something fishy was going on. I'm glad I didn't get caught up in that buying frenzy and the following dump.