Crypto Market Makers Spar Publicly Over DWF Labs' Quick Rise
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Andrei Grachev of DWF Labs posted a photo with crypto market making competitors, prompting backlash from rivals like Cristian Gil of GSR.
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Gil said Grachev had "no business" being included and it was "insulting" to be grouped with DWF.
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Evgeny Gaevoy of Wintermute "liked" the criticism of Grachev.
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Grachev fired back that DWF is stronger than rivals in tech, trading, etc. and is "eating your market share."
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The public quarrel shows DWF's quick emergence as a major but controversial presence in crypto market-making this year.