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Waves Founder Blames Short Sellers for Its Woes. Here's Why That's a Red Flag

To longtime finance observers, blaming shorts often looks like the last desperate deflection of a project in denial about its failures.

Updated Jun 14, 2024, 8:02 p.m. Published Apr 6, 2022, 6:01 p.m.
The WAVES smart-contract ecosystem has hit a rough patch. Its attempt to stop short selling might not be a sustainable solution. (Gabe LHeureux/ Getty Images)
The WAVES smart-contract ecosystem has hit a rough patch. Its attempt to stop short selling might not be a sustainable solution. (Gabe LHeureux/ Getty Images)