What Tesla did with bitcoin could be considered market manipulation, and that's a serious crime considered by the US government. The fact that the company invested $1.5B and make it public that bring a lot of investors to bitcoin, and after that, we see how bitcoin has a crazy jump in the prize, and now they sold the 10% when bitcoin was on its ATH.
As a reference, I will leave this link: https://www.fbi.gov/scams-and-safety/common-scams-and-crimes/market-manipulation-pump-and-dump-fraud
So, the question is, did tesla make market manipulation and you think the company will be charged for it?
As a reference, I will leave this link: https://www.fbi.gov/scams-and-safety/common-scams-and-crimes/market-manipulation-pump-and-dump-fraud
So, the question is, did tesla make market manipulation and you think the company will be charged for it?
So what do you suggest?Tesla buying lots of BTC and keeping it a secret?
I don't know about companies,that are obligated by the law to keep their asset portfolio as a secret.
Does Berkshire Hathaway keep their portfolio a secret?When Warren Buffet buys a stock,the price of that stock goes up for a while,only because Warren Buffet bought a share in that company.Is this a pump&dump?
It looks to me like a pump&dump.Why didn't FBI arrest Warren Buffet then?
