No one going to define “MEV”? The article doesn’t mention this term and this post doesn’t define it.
Writing 101… doesn’t matter if I can find out elsewhere. You can include a few words or you can have half your readers look it up. One is courtesy, the other is a writing/reporting disaster.
So would they have been fine if they extracted MEV but didn't try to hide the income from the government? Seems like this is less about MEV and more about hiding their actions?
Since the hype is now solidly in the past even the few remaining true believers will begin to realize that "the law" must ultimately be backed by the capability to batter down doors and arrest people.
I wouldn't be surprised if the two defendants deluded themselves into believing that laws are not written in such a way as to allow the prosecution of old crimes in new clothes.
Only as much as the front-running MEV bots themselves, who are clearly engaging in the exact same behavior that's long been criminal on traditional financial markets. Why should these two be held to a different standard, all of a sudden?
Writing 101… doesn’t matter if I can find out elsewhere. You can include a few words or you can have half your readers look it up. One is courtesy, the other is a writing/reporting disaster.