Just for a day maybe. In theory he could tank bitcoin to like 1-2k but that’s probably it and then it would rebound the same day and more than 50% the next and back to 75% value by week’s end.
Such event would for sure be amplified by FUD and drag the price way below the true supply demand visible on exchange but it would have less impact long term than most people would think. Probably like FTX or MtGox type of event. And getting bad actor out is always health long term.
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