Cryptocurrency Q&A Is a pump and dump illegal?

Is a pump and dump illegal?

Sara Tue Sep 17 2024 | 5 answers 728

Could you clarify, is engaging in a pump and dump scheme within the cryptocurrency market considered an illegal activity? I'm interested to understand if there are specific laws or regulations in place that prohibit such practices, as they seem to have the potential to manipulate market prices and harm unsuspecting investors. Additionally, are there any consequences or penalties for those found guilty of participating in pump and dump schemes? Is a pump and dump illegal?

Is a pump and dump illegal?

pump dump illegal

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