FAQ?

Recently, with all the political correctness madness, so many things have become illegal. I'm a libertarian and I always supported a free way of do...

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Perfectly legal and great sport

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As far as I know, as of right now there are no regulatory body that can confirm whether this actions are illegal or not.

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No, it’s not illegal as of today. But it’s kind of a dick move. While Pumping and Dumping is a profitable endeavor [ http://hivergent.com/know-your...

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Pump and dump schemes are illegal on regulated crypto exchanges. However, the unregulated crypto field has provided a rich ground for the schemes b...

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Pump and dump is unethical however it is not illegal in cryptocurrency. Pump and dump is a market manipulation scheme where conspirators falsely us...

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Yup. Cryptos already have a bad rap as being Ponzi schemes where later arrivals pay the profits enjoyed by early adapters. And nobody has disputed...

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Ha. This is unregulated market. For illustration, just take a look at Bitcoin cash which is heavily pumped right now (Nov 10) by some S Korean spec...

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If something isn’t forbidden, it is allowed. If this market is not regulated yet, I’m 100% positive it’s not illegal.. btw, try and join this group...

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Potentially, depending on the market you are in, and the victims of your pump and dump. But realistically, it may be impossible to catch the culpri...

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What are crypto pump and dump schemes?

Crypto Pump and Dump schemes are one of the most common schemes in the crypto space. They happen when people use social media, chat rooms, and other platforms to coordinate a price manipulation scheme. The scheme is profitable for those who do it with the right timing.

Are pump-and-dump scams legal?

The legality of pump-and-dump schemes is not universal. The cryptocurrency market is unregulated and there are no regulations against running a pump and dump scam, which makes it hard for investors to protect themselves against such schemes.

How long does it take for a cryptocurrency to pump and dump?

In crypto world, with the spread fast feature of the Internet Social Networks, the price of one crypto may pump and dump in less than 10 minutes. The famous case is TRON, it increased 100x, then went down.

Is cryptocurrency dumping legal in the United States?

The legality of Pumping and dumping cryptocurrencies for profit is a hotly debated topic in the United States. Some US citizens are surprised to learn that P&D schemes are not illegal in America. Pumping and dumping cryptocurrencies is currently legal in the United States.

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