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A wave of lawsuits will bankrupt many brokers and trading platforms, a precedent has now been set suggesting trading platforms ARE responsible for ensuring their clients don’t manipulate markets.
These trading platforms have been sued successfully in the past, with Wes Christian winning tens of millions if not hundreds of millions in settlements, but the problem is these lawsuits only happen once every few years (historically). I wonder what would happen if these lawsuits were popping up IN NUMBERS, say 5-10-15 lawsuits each year, causing these platforms to pay out BILLIONS and likely end up going bankrupt… unless they stop facilitating illegal synthetic shorting!
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