Well..market manipulation happens on a much larger scale in regulated markets. Silver has been manipulated for years by Deutche Bank amongst others. No one gave a shit when they went to trial for it. They didn't lose any credibility. Just a small fine, and you're good to go. Please stop begging governments to regulate cryptos. We don't need or want regulations. Regulations means that we grant only a select few to be able to manipulate (bankers). Manipulations in a free market is not a problem. Free markets sort things out themselves.
No surprise that it was Government people manipulating. And that's the kind of people you want to regulate cryptos?
People must learn that free markets means you have to do your due diligence and don't be stupid. Like with this FUD the past week..if you had the basic knowledge of markets, news, and fundamentalt of cryptos - and done the math and compared it to the dotcom bubble for instance, you'd KNOW that you should hodl for a LONG time.
In a free market you can't blame anyone but yourself. Sure, some will try to manipulate, but if you've done your research you won't fall for it. That's harder when governments and bankers have the sole rights to manipulate.