Post
Topic
Board Bitcoin Discussion
Re: Tesla and market manipulation crime
by
Ziskinberg
on 03/05/2021, 21:18:55 UTC
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?
Had someone in here have been charged with that? There is nothing right?
May we say it was a manipulation but Tesla did nothing to force people to do that, it was their well to do it and invest in Bitcoin and definitely, it wasn't a crime. Because if that will be the case and manipulation is already a crime, then many project developers must be taken into prison. But nothing, unless it was very clear enough that the project is fake and fraudulent.