Is pump and dump illegal in crypto

is pump and dump illegal in crypto

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However, regulated crypto exchanges treat crypto pump-and-dump crypto scams as illegal. These pump and dumps occur in the largely unregulated cash market for virtual currencies and digital tokens, and typically on platforms that offer a wide array. The practice is unethical, yet not illegal per the SEC. Cryptocurrency scammers have found a way to make a quick profit through social media.
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    calendar_month 02.03.2023
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    calendar_month 03.03.2023
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