HSBC was involved in $100,000,000,000 money laundering in 2015. Price manipulation at the highest level in possible.
Huge amounts of money can be sent for illegal activities.
So in your opinion how it affect Bitcoin and Cryptocurrecy market ?, It make Cryptocurrency price rise or make they are prevented by government ?. Huge amounts of money can be sent for illegal activities.
I want to know all of your opinion to gain experience and lesson in this market
Thank you
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It is obvious his opinion is the fact that the market can easily be manipulated. Normally, market manipulation is an offense in the real world of finance and a lot has been sentenced for it.
However, for a market that is not controlled not regulated and everyone is busy doing their thing without being monitored by anyone and can even hide identities easily, we can for sure say manipulation is a way to go for a lot of them.