Original Title: "Controversial Market Maker DWF Labs Criticized for Not Qualifying to be on the Same Stage, Responds to Industry Criticism: Don't Cry"

Original Source: Chain News

The "Web3 Connect" forum hosted by C² Ventures during Token 2049 unexpectedly sparked a battle among cryptocurrency market makers, with the protagonist being DWF Labs, which has recently been the subject of much controversy.

DWF is being criticized again: not qualified to sit with other market makers

DWF Labs co-founder Andrei Grachev posted a tweet thanking the invitation after the "Web3 Connect" forum. However, the market maker GSR's account angrily responded, stating that DWF Labs is not qualified to sit with the speakers of this forum: market makers GSR and Wintermute, as well as OKX. For them, it is an insult.

GSR stated that it is very sad that by the end of 2023, bad actors like DWF Labs can still receive so much attention.

And another market maker, Wintermute CEO, also liked this tweet shared by GSR. What's even more interesting is that in the event photo shared by market maker GSR, part of Andrei Grachev was removed.

From the perspective of market maker GSR, there is no DWF Labs.

DWF Labs is actually sitting next to us.

DWF Response: We are eating your market

DWF Labs co-founder Andrei Grachev responded to Wintermute, saying, "You're actually starting to cooperate with your competitors (laughs), and yet you complain like a child, calling us bad actors."

Our market making is excellent, easily eating up your market share, but you are helpless. I will soon receive your resume.

Thoughts of market makers on DWF Labs

During Token 2049, Chain News also encountered many market makers who complained about DWF Labs during the interview.

· During the conference, a market maker revealed to Chain News that the "harvesting" activities of DWF Labs not only affected ordinary retail investors, but also reportedly caused harm to some of its own employees due to the company's erroneous information.

· Another market maker shared more information, expressing their poor experience working with DWF Labs as a former partner and categorizing them as one of the worst market makers.

· As a standard, another well-known market maker in the currency circle, "Wintermute," is classified as "neither good nor bad."

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