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Silk Road Founder Ross Ulbricht Loses $12M in Crypto Liquidity Blunder | CoinGape

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Silk Road founder Ross Ulbricht lost $ 12 M after mistakenly creating the wrong liquidity pool on Radium .

In place of a CLMM pool, Ulbrich created CPMM, which released the 40% of the ROSS supply to buyers.

With a 90% drop in ROSS price, a MEV model earned $ 600k in profits.

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