> there was a lot of "money" that went out the door in legitimate trading losses.
Let's not give them easy pass on this. I could be wrong so correct me on this:
Easy setup is to have a bunch of people setup 'shitcoins' and shell companies, scam people to put actual money into the scheme to pump the price, and then pay inflated prices for your fellow scam artists' shitcoins, so they clean out, but the chumps who bought your coin are holding the bag.
> there was a lot of "money" that went out the door in legitimate trading losses.
Let's not give them easy pass on this. I could be wrong so correct me on this:
Easy setup is to have a bunch of people setup 'shitcoins' and shell companies, scam people to put actual money into the scheme to pump the price, and then pay inflated prices for your fellow scam artists' shitcoins, so they clean out, but the chumps who bought your coin are holding the bag.