• Zron@lemmy.world
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    25 days ago

    Just because he didn’t create the coin doesn’t mean he isn’t responsible for several pump and dump scams that he’s run on the coin.

    If I pick a random penny stock and tell a bunch of rubes to buy it and we’ll all be rich, only to sell my shares when they reach a high point, that’s still a pump and dump scam, even if I have no affiliation with the company.

    Musk doesn’t own the coin, but he does own the scams he pulled with it.