TechFlow reports, The Block has published an article revealing the operational methods of market maker and crypto investment firm DWF Labs.
In its early days, DWF Labs prepared a document for potential clients mentioning that it could coordinate with clients' marketing teams to manipulate order books before or during major news events to drive up token prices.
DWF Labs primarily purchases project tokens via over-the-counter (OTC) trades, typically at relatively low prices, then announces these purchases in the market—even if the transactions may not be fully settled afterward.
Additionally, for market-making services, DWF Labs typically offers one-year agreements, providing higher return opportunities through market making and OTC transactions by setting higher execution prices.
The article also highlights DWF Labs' rapid expansion over the past 16 months, as well as displays of wealth by founder Andrei Grachev, including photos of luxury cars.
The article further notes that DWF Labs has claimed to have invested in 470 projects and, within its short history, collaborated with approximately 35% of tokens among the top 1,000 by market capitalization.
