Yes I did it earlier too on a coin - I won't say which one or where :) it failed by the way. I'm not a real crypto trader. I know it is large described above -- but there isn't much that can be done about it yet and you can call it "fraud" but other than boycotting that exchange what can be done.
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Exactly what i'm doing at the moment. I never was a crypto trader myself, but i do have certain gift for analyzing patterns :)