Former Securities and Exchange Commission (SEC) official John Reed Stark has issued a threatening warning to price-manipulating cryptocurrency phenomena.
Former SEC official John Reed Stark recently in sharing, social media phenomena targeted. of phenomena products they advertise And cryptocurrencies Expressing that they should be careful about impervious those who behave readiness for possible prosecution warned about.
Especially bull runs with their sharing manipulating the price of cryptocurrencies to phenomena Addressing Stark, such behavior is required by law. within the scope of fraud reminded that.
Former SEC official, victims of many social media influencers cheekily And arrogant He pointed out that he had somehow cheated. The nature of securities fraud is unlike other types of fraud, where the perpetrator often tries to hide behind his or her identity, Stark said. facilitating detection and prosecution stated.
The following statements between the lines of Stark’s detailed explanation drew attention:
Regulators and law enforcement only need to turn on their computers to discover an extraordinary and spectacular trail of compelling and vivid incriminating evidence. Indeed, far from tying up the government, social media has become a virtual thread that many crypto brothers use to hang themselves.