How come almost on-one didn't bat an eye when Elon was pumping BTC by tweeting about it? In fact people were encouraging him to tweet about BTC or doge, and now it's suddenly market manipulation and potentially illegal when he is tweeting shit about it and it's going down?
Don't you know the hidden rules of the cryptocurrency community?
Price goes up-Market manipulation good.
Price goes down-Market manipulation BAD!
I don't know if whether or not tweeting sh*t about a financial asset(and dumping it's price) is truly illegal.
Elon Musk is just expressing his opinions,of course,they are just trolling and BS,but he has freedom to say or write whatever he wants.
The problem is that many people took his tweets as some sort of financial advise,so they start panic selling their Bitcoins or massively buying Dogecoin.It's not his fault that so many people are taking his BS so seriously.