Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
If he trades based on insider information, as you implied, and this can be proven in court, he will go to jail in most countries in the world.
Well, most likely not jail, but a hefty fine
There are no laws anywhere when it comes to crypto trading as far as I know.Well, most likely not jail, but a hefty fine
I can't know for all countries, obviously, but at least in the European Union insider trading applies to basically anything being traded.
I.e., it doesn't matter whether crypto currencies are "in the law" or not, trading them on insider information is illegal.