Manipulations with p2p market in UK!

Hey everyone ????

I've observed a bizarre development within the UK P2P crypto market (especially on Binance). There's this trader — or perhaps a gaggle — who keeps posting lots of of micro trades per day, offering very low costs for USDT (typically zero.71 GBP/USDT), with tiny obtainable amounts like 100 USDT, and rotating between a number of accounts (Romchik_b20, b26, and so forth.).

They’ve accomplished hundreds of trades, all the time appear on the prime with the bottom worth, and appear to have accounts on each UK financial institution (Monzo, Starling, Lloyds, and so on.). It’s actually messing up the P2P market for the remainder of us — we will’t compete at these prices, they usually’re principally flooding the listings.

I’m wondering: - What’s the actual level of this technique? Is it just arbitrage? - Are they operating bots/scripts to auto-post costs? - How do they stay beneath the radar of UK banks with so many transfers? - Is that this a recognized situation or grey-hat trick used within the UK market?

Would love to hear your insights, particularly should you’ve seen this sample earlier than.

Thanks prematurely ????