10min chapter

Patrick Boyle On Finance cover image

Pump and Dump Schemes are Now Totally Legal

Patrick Boyle On Finance

CHAPTER

Intro

The chapter delves into a pump and dump scheme involving social media influencers facing securities fraud charges, which were dismissed by a court due to legal technicalities. It explores the evolving interpretations of securities fraud laws, particularly focusing on the intent to harm victims' property rights, leading to questions on the legality of such actions.

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