The GLX thing was a converting issue. A group pumped the price of GLX and then used the high price to convert into a pegged currency.
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The GLX thing was a converting issue. A group pumped the price of GLX and then used the high price to convert into a pegged currency.
It would be like pumping the Hive price to $2, converting to HBD, and then letting the Hive price freefall back to 40 cents. It was a liquidity issue. Not enough to stop the manipulation.