I am attempting to start a class action lawsuit at this point. This community has been silent for too long on this subject and trying to artificially inflate commodities has consequences. Bitcoin is now defined as a commodity and there have been lawsuits over commodity manipulation in the past.
If anyone else has similar experiences and would like to share or consider joining me starting a class action suit against Binance or whoever is responsible for this I highly encourage you to direct message me although I most likely will not be able to check my account for a while since I'm not here every day.
Thank you if there are any real people left concerned for the sanity and legitimacy of this community anymore. I'm pretty tired of what this has turned into.
I understand what you are trying to drive at. All the kinds of manipulations existed in an industry that is not really a highly regulated one, all because many feels that they can get away from doing something considered to be illegal in other industries. Well, what you are seeing is the expression of the other side of human nature and that side will really be taking the limelight if there will be no strict rules imposed and implemented to all players. When people have this perception that there will be light consequences on what they are doing, they will naturally keep on doing those things. Of course, the only way we can deal with this is a strong regulatory measures strictly implemented and with clear penalties on board. However, we are one industry that seems to be not so much in favor with regulations because we are assuming that regulators are not that needed and that we are better off of the government left us alone.
Good luck and more power on your class suit project against Binance. I am sure you can find some other people within this industry who can have the time, energy and resources to go against a giant of a company based in Malta.