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?
Government will not be taking care of those groups because no matter how many bans they will make, people will still be just creating more and more groups about cryptocurrency.
Well getting people informed is probably one of the best ways to counter these pump and dump groups. Because let's face it, those that don't know much about the market are the people who usually gets caught in these pnd groups. People who looks to make easy quick profit without making efforts in studying and researching