RE: Pump & dump crypto groups

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Pump & dump crypto groups

in pump •  7 years ago 

Illegal? I thought crypto is not regulated.

pump
7 years ago by

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      ·  7 years ago 

    Depends on your location.

    Some jurisdictions regulate cryptocurrencies as a security, in which case this scheme is illegal.

    The regulation of cryptocurrency is also changing very rapidly, and it's possible that any government could increase regulation at any time, as well as investigate previous crimes and illegal activities if they were substantial enough.

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