this post was submitted on 11 Mar 2026
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I think it's an exaggeration of its crime utility. Normal money is king for crime.
Normal money can get you a visit from the SEC when you do securities fraud with it. Has that ever happened with a crypto pump and dump?
Yes.
SBF wasn't doing securities fraud with only crypto, if that's what you're thinking of. Also it was a pyramid scheme and not a pump and dump.