I get invites to pump and dump groups on the daily on Discord. It's unbelievable. Not only is it illegal but it also contributes to the myth that cryptos are scams and extremely volatile.
Do you think that governments will crack on those groups?
Do you think that the people in those groups know that they're hurting the cause more than anything?
Do you think that governments will crack on those groups?
Do you think that the people in those groups know that they're hurting the cause more than anything?
Why the hell government will even operate to that deep level ?
They have no relation with the activities that happens within the crypto space as we ourselves are giving it name of unregulated and decentralised environment.
As long as it doesnt concern to the financial institution it wont be problem for the government. The pump dump groups and stuff like that is like local crime and you are asking for the military to take charge of it.
The government will not change anything. The crypto market is so interesting that there are constant leaps. Crypto currency will become unnecessary when it is stable. For what is BTC needed if its price is always the same?
Well anyone can has freedom to actually join the pump and dump groups as long as you can profit that is nobody's problem I guess. The government will never interfere such action as its even happening in stock market. That is also the reason why some traders in stock market kill themselves after they lose a life savings. Never heard of someone kills themselves in crypto so I hope this doesn't happen.