How do wash trades work in a liquidity pool derived coin? Seems like the only way to boost the coin value is to put more 'real' coins into the LP and dump before someone else does after the pump attracts more suckers.
You do need to put cash in, sometimes quite a bit--so when you see that someone ran away with $1.4M be skeptical because at least some of the money they stole was their own.
$1.4M is a lot to you or me, but in the world of big money it is pocket change.