Nailed it.
Cryptocurrencies arn't regulated by the SEC.
Yea sure, and I suppose a financial organization located in Costa Rica should be immune to the US government too right?
https://en.wikipedia.org/wiki/Liberty_ReserveDAO is just going public with a non-existent company from your basement to scam investors. The SEC is interested in things like that as well as Eth by proxy.
I don't think the price is manipulated as such.
You need to be born yesterday to look on Bologniex and believe that's not a one man market. One single guy madoff'ing the fuck out of people.
Perfect quote for that:
"Markets don't have a purpose any more - they just reflect whatever central planners want them to"
Like how the Larimers and co. manipulated BTS?