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probably just an excuse and the real reason is that they want to stay out of trouble. (to state the obvious)
by asddubs 6y ago
probably just an excuse and the real reason is that they want to stay out of trouble. (to state the obvious)
- TeMPOraL 6y agoAren't they opening themselves up to a world of hurt by this ban? I admit I don't understand securities law, but surely interfering with an ongoing stock bonanza like this should raise some authorities' eyebrows, particularly if it turns out someone from Discord side had a stake in the whole thing? I mean, surely they realized that this decision will directly impact the stock price.
- QuesnayJr 6y agoIf anything the risk goes the other way. If the SEC construes the Discord as being responsible for a pump-and-dump scheme, then it's facing legal attention. Even if it's not a pump-and-dump scheme, there are going to be comments there that can potentially be made to look like one to a judge.