What's the legality of pump and dumping small coins? Completely

whats the legality of pump and dump penny stocks?

ask jordan belfort

>>3095456
Basically >>3095475
If cryptos were treated like penny stocks, most people on this board are breaking the law.

>>3095475
Obviously illegal but cryptocurrencies are unregulated.

>>3095499
In the US, tax law applied to crypto like it does the stock market. Why wouldn't general fiduciary/advisory laws?

Do it anyway. If the judge asks tell him everyone does it.

>>3095515
Because it can't be enforced.

>>3095557
Coinbase sends the logs directly to the IRS

>>3095557
Can't it? You mean the US can't subpoena user's information on the plethora of sites that a person uses to break investment advisory laws? Now that sounds really odd anon. I'd look up some SEC litigation on a few penny stocks that draw many similarities to this board, but I'll let you do that if you want.

>>3095456
Please pump sia ,xvg and rdd thanks

>>3095584
>>3095578
You'd be perfectly fine doing it on some shit exchange though.

>>3096723
What about bittrex?

>>3095475
Penny stocks are still regulated by law and have assets backing them that creditors can seize. Coins don't have shit behind them. No centuries of precedents and case laws, no regulations, not even a real legal definition. It's a commodity with no intrinsic value.