Apparently, it will get you in trouble. But what does it mean? https://coinweek.com/bullion-report...ders-admit-to-manipulation-at-new-york-banks/
A spoofing attack is when a malicious party impersonates another device or user on a network in order to launch attacks against network hosts, steal data, spread malware or bypass access controls. There are several different types of spoofing attacks that malicious parties can use to accomplish this.
My impression is that spoofing in this context is issuing large buy or sell orders and then withdrawing them before they can be finalized with the purpose of manipulating the market price. In some cases, orders are finalized but the seller and buyer are the same entity. Cal
Yep, they used to do it a lot more, but individual's computers got faster and many had their internet go from lower baud rate to 1-3+ giga rate, and some trading programs for the public can detect, compare with owners instructions, and reply as fast as a bogged down exchange. They missed a key or two and got pegged, but the price showed as rising on the exchange and slower traders might have jumped also.
