It really is, this is why it is very important that we start having some kind of regulation on the market, people can manipulate the coins to their favor, screwing over other people in the process and not even committing a crime. Once there are regulations and rules in this market then we would have less instances of people manipulating the coins
That's why many rules and laws were done to ensure markets security, like having KYC and registering of their business. Manipulation by team or group of members and investors can ruins ones project.