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They aren't accused of talking their book. They're accused of fraudulent statements. Warren Buffet saying that he's confident in Coca Cola's business model whi
by PragmaticPulp 6y ago
They aren't accused of talking their book. They're accused of fraudulent statements.
Warren Buffet saying that he's confident in Coca Cola's business model while holding a stake in Coca Cola is fine.
Warren Buffer saying he's going to buy a lot of Coca Cola stock because he loves it (driving the price up) but then secretly unloading his Coca Cola position amid the resulting price bump would be a fraudulent pump and dump scheme.
Let's be clear here: The accused perpetrators were using their platforms to endorse coins for the purpose of selling those coins to unsuspecting victims.