CoinVoice recently learned that according to @ai_9684xtpa’s monitoring, an investor lost $102,000 in just 12 minutes due to the Binance Alpha blunder. The incident was as follows:
After the false information was released, the investor sold 1.76 million ARC (about 170,000 US dollars) and bought 1.42 million ELIZA at a cost of 0.1376; then he realized that the target token should be lowercase eliza, and sold all ELIZA for eliza at 0.09567, with a loss of 59,600 US dollars; after learning that it was falsified, the price of lowercase eliza also fell, and finally sold it again at 0.01157, with a loss of 43,000 US dollars.
Overall, the investor lost 52.5% in this incident. [Original link]
