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>Market manipulation is the wrong crime and requires actual transactions. You can be charged for securities fraud just by tweeting baloney if you are important
by cambalache 6y ago
>Market manipulation is the wrong crime and requires actual transactions.
You can be charged for securities fraud just by tweeting baloney if you are important enough. Ask Mr Musk. This is 100X worst. So no, you dont need actual transactions to be charged with fraud.
- adrr 6y agoSEC violations are civil violations and you don’t go to jail. I mentioned that in my original post.