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Who says Elon Musk manipulates #crypto ! Elon Musk has been accused of manipulating the cryptocurrency market on several occasions. In 2018, he was fined $20 million by the Securities and Exchange Commission (SEC) for making misleading tweets about Tesla's production plans. In 2021, Musk made a series of tweets about $DOGE , a meme-based #cryptocurrency . These tweets caused the price of Dogecoin to fluctuate wildly. The SEC is currently investigating Musk for possible market manipulation in connection with his Dogecoin tweets. Here are some of the ways that Elon Musk has been accused of manipulating the crypto market: Making misleading or false statements about cryptocurrencies. In 2018, Musk tweeted that Tesla would accept $BTC as payment for its cars. However, this turned out to be false. The SEC fined Musk $20 million for making this misleading statement. Using his social media influence to promote cryptocurrencies. Musk has a large following on Twitter, with over 100 million followers. He has used his platform to promote cryptocurrencies, such as Dogecoin and Bitcoin. This has caused the prices of these cryptocurrencies to fluctuate wildly. Engaging in pump and dump schemes. A pump and dump scheme is a fraudulent scheme where a group of people artificially inflate the price of a security, such as a cryptocurrency, and then sell their shares at a profit. Musk has been accused of engaging in pump and dump schemes with cryptocurrencies. It is important to note that Elon Musk has not been convicted of any crimes related to market manipulation. However, the SEC is currently investigating him for possible wrongdoing.

Who says Elon Musk manipulates #crypto !

Elon Musk has been accused of manipulating the cryptocurrency market on several occasions. In 2018, he was fined $20 million by the Securities and Exchange Commission (SEC) for making misleading tweets about Tesla's production plans.

In 2021, Musk made a series of tweets about $DOGE , a meme-based #cryptocurrency . These tweets caused the price of Dogecoin to fluctuate wildly. The SEC is currently investigating Musk for possible market manipulation in connection with his Dogecoin tweets.

Here are some of the ways that Elon Musk has been accused of manipulating the crypto market:

Making misleading or false statements about cryptocurrencies. In 2018, Musk tweeted that Tesla would accept $BTC as payment for its cars. However, this turned out to be false.

The SEC fined Musk $20 million for making this misleading statement.

Using his social media influence to promote cryptocurrencies. Musk has a large following on Twitter, with over 100 million followers. He has used his platform to promote cryptocurrencies, such as Dogecoin and Bitcoin. This has caused the prices of these cryptocurrencies to fluctuate wildly.

Engaging in pump and dump schemes. A pump and dump scheme is a fraudulent scheme where a group of people artificially inflate the price of a security, such as a cryptocurrency, and then sell their shares at a profit. Musk has been accused of engaging in pump and dump schemes with cryptocurrencies.

It is important to note that Elon Musk has not been convicted of any crimes related to market manipulation. However, the SEC is currently investigating him for possible wrongdoing.

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$NEAR Protocol Soars 7.3%, Is It Poised To Go Higher? In the midst of the ongoing crypto bull run, NEAR Protocol (NEAR) is gaining momentum with significant partnerships and advancements, prompting speculation of a potential surge. NEAR's Performance and Analyst Predictions: - Crypto analysts note a bullish flag pattern forming on NEAR's monthly chart, suggesting a potential 60-65% surge if a breakout occurs. NEAR briefly surpassed the $7.50 mark before retracing, but analysts remain optimistic, anticipating a move towards $14-$15 if it maintains its position above $7.00. - Analyst Bluntz highlights NEAR as one of the top performers among #cryptocurrencies , observing an ABC zigzag pattern followed by an ongoing impulse wave pattern. With NEAR breaking out of the $7.00 resistance, Bluntz considers it a market leader. Expansion and Collaborations: - NEAR Protocol prioritizes performance, #Security , and scalability, boasting a TVL of $309 million and doubling since Q4 2023. Recent integrations with NodeKit and TrueZK, along with partnerships with Colombian fintech Lulo X and Peersyst Technology, illustrate NEAR's commitment to expanding financial possibilities. Impressive Performance Amid Bull Run: - Despite a 6.25% decline from its #ATH , NEAR has surged by over 146% in the last three months. Daily trading volume and market capitalization have also seen significant increases, with NEAR trading at $7.2, reflecting a 7.3% increase in the last 24 hours and a 26% rise in the past week. Source - newsbtc.com #CryptoNews🔒📰🚫 #BinanceSquareTalks
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