The arrest of employees of companies involved in market making has caused a public outcry. These specialists were responsible for creating charts during trading and manipulating the market.
There are different types of market making: white (creating volumes and liquidity), grey (helping to move prices) and black (rigid manipulation, injections, putting pressure on prices). Price manipulation is illegal in the US and EU, and the arrest was the result of violations in working with international tokens. In Portugal, the head of the domestic market maker Gotbit, Alexey Andryunin, was detained and awaits extradition to the US.
While this may create problems for market makers locally due to potential token issues, globally it will clean up and regulate the market, which will attract additional investment.
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