Popular Presenter Jim Cramer Responds Tough To The Pump-Dump Events In Cryptocurrency: He Calls The SEC To Duty

The popular US host, Jim Cramer, who broke the rating records, warned the US Securities and Exchange Commission (SEC) to take action as soon as possible against frauds on cryptocurrencies.

on CNBC Mad Money the server of the program Jim Cramer, August 18During a program in prevent pump and dump events invited. Stating that these hollow volatile movements cause great harm to investors, Cramer said that this situation should be dealt with by US policy makers. one of the most important issues underlined that.

It is known that there are many crypto money projects in this market, especially during the decline process that has been going on for about 1 year. by its founders during its launch. flattered by dozens of promises However, these projects, which were later emptied and resulted in a “highlight”, now need to be prevented somehow. Carmer reiterates his ideas about enacting legislation as soon as possible, while including the statements “I think it is vital that the SEC pursues these targets aggressively” in his program published yesterday.

Cramer said in early July last year that the cryptocurrency markets were skeptical in May-June. will maintain the downtrend and predicted it would cause deeper wounds. After his prediction, although the markets entered a short-term uptrend, this morning hours Bitcoin (BTC) price a rapid decline of around 8% by displaying $21,400 decreased to levels.

bitcoinat the time of writing this article 6.40%with a decrease of from $21,700 traded in the markets.

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