TL;DR: Price action isn’t always a positive, as it also attracts attention from law enforcement. The Texas State Securities Board recently “entered three emergency cease and desist orders against promoters of fraudulent cryptocurrency-related investments,” following the markets near three month climb, the regulator acknowledged.
https://coinspice.io/news/after-prices-rise-texas-regulator-conducts-second-sweep-of-crypto-schemes/
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Yup, regulators look for any excuse to violate people’s individual rights. Regulation itself is a scam.
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