Will Roger Ver go to jail again? | Bitcointalksearch.org

Kprawn

legendary

Activity: 1904

Merit: 1073

I do not like the guy, but he can do whatever he likes with his money. We cannot tell him to stop manipulating Crypto currency

markets, because a lot of whales are doing the exact thing with all other coins. If that was illegal, then most whales would have to be

locked up. It might be unethical to pump a specific coin, only to dump it when others have followed your example.. but it is not

illegal. If his followers wants to fall for his pump tactics... then they should bear the consequences when it collapse. Wink

We warned them.... Tongue

aliman00

member

Activity: 169

Merit: 10

IF someone told you to jump off the bridge with a blindfold and they are telling you that you will land on something soft and you will live happily ever after would you do it ??

Same goes with Roger Ver, people blindly following him and jumping off the bridge deserve what is coming to them. I mean commong people use your head... I didn't lose anything during bitcoin cash rise, actually earned a bit with buy low sell high tactics... Only read Roger Ver twitter when everything was over Tongue

salihno71

sr. member

Activity: 420

Merit: 250

It would be very hard to prove it's him doing this. And even if you could, crypto trading is still not properly regulated. So maybe he will go to jail but not for this.

FIFA worldcup

full member

Activity: 1134

Merit: 105

Since the bitcoin is decentralized currency and almost hard to trace, So i don't really think any sort of legal action take against this guy. Not only roger there's a lot of people involve with illegal activities and using the bitcoin as a source. Why they're not arresting them or taking any action against them.

DARKANGEL6415

hero member

Activity: 672

Merit: 500

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Quote from: filharvey on November 18, 2017, 06:45:49 AM

I don't think that any legal action would be taken against Roger ver for his activities since bitcoin is a decentralized currency and it has no central authority.But it is said that Bithumb ,the korean exchange allowed wash trading to manipulate BCH price and it is one of the main reason for high pump of BCH price.In short,it was a master plan carried out to remove the crown from bitcoin,but finally failed.

I am with you on this statement/ opinion that there will be no prison time. If there is any charges will be a soft minimal sentence as was stated there is no regulation set in stone for stuff on crypto currencies. On the pluss side it is another failed attempt on bitcoin that was survived so thats always good.

BitcoinHodler

hero member

Activity: 1456

Merit: 578

HODLing is an art, not just a word...

if you check the rest of the altcoins you can see that all of them without exceptions have similar cases where a whale or a couple of them place buy walls like this. maybe not as big but they are always there to manipulate the market and there is nothing stopping any of them so far. so why should it be different this time?
if you take a quick look at ethereum market right now, you can see the same wall placed there too Wink

Denker

legendary

Activity: 1442

Merit: 1014

This is a pretty much unregulated market. So I don't see a reason why he must go to jail.
I don't like him, and never supported any of his crazy views. But in terms of the market and his disgusting and dirty games he plays, without set rules and regulations he is free to do so. Therefore it's more to us to be careful and not fall for any announcement, news or comments coming from him and his minions.
And anybody who was chasing the BCH pump, kind of deserves to get burned. That's my take on the whole situation.

squatter

legendary

Activity: 1666

Merit: 1196

STOP SNITCHIN'

Quote from: Zorbak on November 18, 2017, 06:47:58 AM

He is a big whale and he can manipulate the market but I do not see nothing ilegal in it, this market is not regulated (and I hope it will be always like this) so anyone can do what he want with their money.

That's not true. Bitcoin trading is regulated in many jurisdictions. For example, Bitfinex was fined by the CFTC a couple years back for the way they were handling custody for BTC margin trading. Similarly, no matter where an exchange is located, their jurisdiction regarding enforcement of securities laws and other regulations is based on where their customers live.

That's why, for example, Bitfinex restricted trading of tokens they deemed "securities" for US customers before pulling out of the US market entirely. Even though Bitcoin might not be regulated in the British Virgin Islands or Hong Kong (where Bitfinex is located), it is definitely regulated in places like the USA.

Zorbak

member

Activity: 167

Merit: 10

He is a big whale and he can manipulate the market but I do not see nothing ilegal in it, this market is not regulated (and I hope it will be always like this) so anyone can do what he want with their money.

filharvey

hero member

Activity: 866

Merit: 1001

I don't think that any legal action would be taken against Roger ver for his activities since bitcoin is a decentralized currency and it has no central authority.But it is said that Bithumb ,the korean exchange allowed wash trading to manipulate BCH price and it is one of the main reason for high pump of BCH price.In short,it was a master plan carried out to remove the crown from bitcoin,but finally failed.

miyaka26

full member

Activity: 476

Merit: 105

The proof is not solid to put Roger ver back to jail remember this is a perfect timing attack and coordination, BCH sudden pump and btc dumps, miners shift to bch leaving the 100k plus unconfirmed transactions making the fee higher, FUD's that is spreading he is not alone in doing such things and he will cover his tracks and the responsibility of regulating such manipulative actions is done by the exchange that they've used if that big sum of money if suspiciously moving, they need to do the legal action based on the terms and conditions of the exchange.

Don Pedro Dinero

legendary

Activity: 1288

Merit: 1491

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Quote from: Ucy on November 18, 2017, 04:29:47 AM

But this shouldn't be here my friend. Move to the Altcoin section.

I’m not sure this should be here, and I am not sure it should be in the altcoin section because his moves affected bitcoin cash, ethereum and bitcoin. They also affected other coins because some people who have already invested in alts or were about to invest, when saw bitcoin cash rise bought out of FOMO. Maybe it would be better in marketplace or speculation but I’m not sure either because Roger Ver is a big name in Bitcoin and all the crypto system.

So, I’ll leave to moderators the option to move it if they think it shouldn’t be in this section.

squatter

legendary

Activity: 1666

Merit: 1196

STOP SNITCHIN'

Quote from: Don Pedro Dinero on November 18, 2017, 03:57:54 AM

It's not 100% sure that it's him placing those orders but it is very likely and whereas some people say that's nothing illegal, others say that it is illegal because it is spoofing.

What do you think about?

I think it's very likely that Roger Ver (and probably some of his associates) were manipulating the market that night. Roger's publicly identified coins were moved to Bitfinex (he voted with them on a coin-staked poll), he publicly stated the next day that he sold bitcoins for BCH and ETH, and timing lines up very well.

I think it's probably illegal in various jurisdictions that Bitfinex serves (and also Bithumb) to engage in these manipulative practices -- spoofing, the server outage at the top on Bithumb, etc. But who is going to stop them?

Personally, I'm an abolitionist, so I certainly don't think anyone should go to prison over this....

eagleman

hero member

Activity: 1190

Merit: 504

Nothing illegal since crypto market isn't regulated and it covers a lot of traders not on the same place or country who operates the exchange. But this is a total intention of manipulating the market by putting that orders.

Quote from: Murloc on November 18, 2017, 04:08:27 AM

The only thing I can suggest is to make exchanges more pure and show people whos placing orders (or just the user id) to show that no one is doing any dirty things in this particular moment.

+1 they should do this for big volume orders but there's no essence of calling crypto as anonymous / secured way of storing your funds. Implementing this by showing those usernames who are doing this will cause some negative impact to crypto world.

Ucy

sr. member

Activity: 2576

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But this shouldn't be here my friend. Move to the Altcoin section.

Murloc

full member

Activity: 322

Merit: 103

Quote from: Don Pedro Dinero on November 18, 2017, 03:57:54 AM

It's not 100% sure that it's him placing those orders but it is very likely and whereas some people say that's nothing illegal, others say that it is illegal because it is spoofing.
What do you think about?

It can't be illegal is there is no legal statement regulating this kind of issues Cheesy

But seriously if you try to manipulate the stock market this way then some authorities will probably be interested in your humble person.
The only thing I can suggest is to make exchanges more pure and show people whos placing orders (or just the user id) to show that no one is doing any dirty things in this particular moment.

SashaAbraham

newbie

Activity: 15

Merit: 0

There is nothing illegal. I think he and all of us can do whatever we want. It is cryptoworld, by the way!

Don Pedro Dinero

legendary

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The first decentralized crypto betting platform

There is a debate on twitter on wether or not he will/would/should go back to jail.

https://twitter.com/DanDarkPill/status/931285996083339265

It's not 100% sure that it's him placing those orders but it is very likely and whereas some people say that's nothing illegal, others say that it is illegal because it is spoofing.

What do you think about?

Topic: Will Roger Ver go to jail again? (Read 413 times)