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Another Prop Firm Shuts Down, Founder Blames "Cheaters" for Liquidity Issues
Just a week after introducing a new trading platform and several significant updates, prop firm Karma unexpectedly announced the cessation of its operations. Founder Eshan Balapatabendi claims he "had good intentions" but encountered "roadblocks" that made his business "unsustainable." Karma's rise and fall in the market was remarkably swift. Despite garnering positive reviews, the prop firm existed for only two months. Finance Magnates reported just a week ago that the company had partnered with Match-Trade Technologies to provide its clients with a new version of Match-Trader integrated with TradingView. ... (full story)