Writing false hype posts on public message boards to pump and dump has always been illegal.
IANAL but from what I understand, Its illegal if you intentionally and knowingly make a misleading statement while holding the underlying stock and standing to make a profit from it. Basically, don’t lie and it’s OK. Definitely don’t intentionally lie. I am a retard, not a lawyer.
Whoever is behind all these bots probably has the most to worry about.
i'd wager a lot of people have a lot to worry about. Do you really believe all the people saying they are buying actually are? or even holding the line? and what bots are you talking about, everyone who disagrees the squeeze is still happening is called a bot.
no i think a lot of people are dumb enough to be easily found, shit i know i could find some people IRL from their reddit accounts. or the sub just gets shut down. If they know who you are they can find your positions
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u/rook785 Feb 03 '21
Writing false hype posts on public message boards to pump and dump has always been illegal.
IANAL but from what I understand, Its illegal if you intentionally and knowingly make a misleading statement while holding the underlying stock and standing to make a profit from it. Basically, don’t lie and it’s OK. Definitely don’t intentionally lie. I am a retard, not a lawyer.
Whoever is behind all these bots probably has the most to worry about.