Topic: South Korean Law Enforcement to Launch Investigations on Altcoin Pump-and-Dump - page 2. (Read 1366 times)
September 07, 2015, 07:36:42 PM
I wonder if they have laws applying to pump and dumps. Ponzis are straightforward fraud. I don't see how they can nail people for pump and dumps in an unregulated market. You'd have to prove intent plus they gotta find them first.
September 07, 2015, 05:22:09 PM
Are they going to arrest everyone who dumped under the ATH?
September 07, 2015, 05:04:07 PM
Well, perhaps smart scammers will hide themselves. But dumb scammers not 
The fact that the government is pursuing scams will disuade a lot of potential "not so smart" scammers, I think.
The fact that the government is pursuing scams will disuade a lot of potential "not so smart" scammers, I think.
September 07, 2015, 05:03:56 PM
Shouldn't they focus on real problems in their country?
Maybe setup medical care for teens playing 20+ hours a day of LoL.
They don't need to launch an investigation.
That is what the community is for, to phuck over scammers and their modus operandi.
Maybe setup medical care for teens playing 20+ hours a day of LoL.
They don't need to launch an investigation.
That is what the community is for, to phuck over scammers and their modus operandi.
Ehm.. did you mix up north and south korea?
Anyways, it's a bit surprising they're launching such investigation - i didn't realize that it's something widespread enough to be given such attention anywhere, let alone in korea.
But none the less, it's a natural response to scam fighting vs ponzi schemes, although i don't think they can or will do anything about p&d's, since you can't prove someone didn't just
do drunk trades or something like that.
September 07, 2015, 04:08:43 PM
I am not sure what will they find. Smart scammers will always find ways to hide their trails. The dumb won't even know how to scam anyone. Their actions seem to me as a complete waste of time and just doing something to shed a bad light on Bitcoin and crypto as an industry.
September 07, 2015, 04:05:29 PM
They are wasting time and money doing it, they won't find anything but smart traders doing trades
Ya right
September 07, 2015, 03:29:32 PM
It is just prove that an unregulated world does not work.. People will always find ways to abuse the trust of others. I think it is good that there will be some kind investigations to these illegal pnd schemes..
September 07, 2015, 02:55:37 PM
They are wasting time and money doing it, they won't find anything but smart traders doing trades
September 07, 2015, 02:09:24 PM
Shouldn't they focus on real problems in their country?
Maybe setup medical care for teens playing 20+ hours a day of LoL.
They don't need to launch an investigation.
That is what the community is for, to phuck over scammers and their modus operandi.
Maybe setup medical care for teens playing 20+ hours a day of LoL.
They don't need to launch an investigation.
That is what the community is for, to phuck over scammers and their modus operandi.
September 07, 2015, 01:31:37 PM
Quote
Chosun, the largest and most popular online news publisher in South Korea has reported that law enforcement is about to begin investigations on altcoin pump-and-dump and bitcoin Ponzi schemes.
https://bitcoinmagazine.com/21864/south-korean-law-enforcement-launch-investigations-altcoin-pump-dump-schemes/
This is interesting, South Korean gov already have started involved with cryptocurrency.
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