Good question. I guess we should ask someone to do it and then see how many Ferarris that person could afford after the fork. Rhett has some Ferraris I guess.
Rhett will go to jail for pumping and dumping his scam coins.
Seems in most places there are no laws yet to prevent this type of activity in crypto. In any other scenario such as commodities or stock a very serious criminal offence would have been committed.
I think that's a common misunderstanding of criminals as well as the victims. Only because there is no specific law stating that you are not allowed to pump and dump a forked crypto, doesn't mean that you can do it and get away with it. There are laws that would cover this activity I think.
I also think that laws will sooner or later introduce such that if you want to be on a large exchange or exchanger, then down with complete privacy. We see that already monero is gradually getting out and with every purchase of a new large stock exchange by large investors the pressure will be strengthened.
Privacy is good, but if the coin can not be bought on major exchanges, it will not succeed.
Be sure there will be extremely strong decentralized technology in 5 years from now. Completely anonymous, native asset trading for any crypto out there and no chance whatsoever for government to take control.
