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Except Bitcont isn't a security, so there are no laws against "Pump and Dump" in the unregulated market. Some would argue that Bitcoin is fundamentally a giant
by tebs1200 5y ago
Except Bitcont isn't a security, so there are no laws against "Pump and Dump" in the unregulated market.
Some would argue that Bitcoin is fundamentally a giant "Pump and Dump" anyway, so nothing to see here.
- admax88q 5y agoSure, but what you're basically saying is "what Musk did isn't illegal because the thing he did it against isn't considered a security" You may be technically correct, doesn't make it any less sketch or immoral
- jiggunjer 5y agoPump and dump arguably isn't immoral. It's just using herd mentality, if it wasn't illegal people might actually try to think before they buy and sell.