Hawk tuah gets sued for crypto rug pull
(twitter.com)
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Let's be honest if you bought a coin from a girl who is only famous cause she said she spits on dicks you deserve every single bad thing that happens to you and I feel no pity
If you buy any "coin" you are retarded.
The people who sell "coins" are still committing securities fraud. They should be in jail. We have enough problems without these economic vandals running around.
I imagine the elites and other businesses who love to do these type of abuses are banking on everyone going "lol you bought dick girl's coin? get fucked nerd."
Because she put an easily dismissable and hateable face on something they do constantly, but its still a face and could blow back on them through either legislations/precedents passed or increased awareness of the game.
If this were done with a stock, it would be deemed a "pump-and-dump scheme" and everyone involved would have already been tried, convicted and sent to federal prison in a single afternoon.
But crypto ain't that, which is why it was invented. To have a technically legal means of baiting people into another pump-and-dump scam. There's no case law that applies to crypto, and if they bought it on an exchange, they likely agreed to an arbitration and indemnity clause that waives their right to sue. Like you said, "You bought dick girl's coin? Get fucked, nerd."
And its a really dicey place because half the value of crypto is to keep the Law and Government's hands off of it as much as possible.
But then that also leaves people very defenseless against predatory behavior like this, to a point where its a legit society level concern to let happen.
I don't have a good answer there, but its not an easy one side or the other debate.