RE: As bitcoin nosedives, regulators said to be investigating whether it was propped up illegally. by bmanmcfly

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· @bmanmcfly ·
The issue is that cryptocurrencies have no built in protections against pump and dump schemes....
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@baah ·
What has any such protections?

I don't think that the apparent fraud of teether is simply pump and dump, it shares certain characteristics to a Ponzi scheme which is what I think the fraud resembled if indeed that's what happened.

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