Faculty News

Prof. David Yermack on the leak of potential bidders for the government's auction of seized Bitcoins

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Excerpt from The New York Times -- "'Either this was a very clever piece of disinformation or a very careless error by the government. It’s a little hard to know which from a distance,' David L. Yermack, a professor at New York University’s Stern School of Business, said of the leak. 'You want to create the illusion that there’s immense demand for this if you’re the government because you want people to bid as much as they’re willing to.'"

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