But when you look at the last pump-stats of the channel, there is no pre dump in the charts, strange

So you mean, it´s not illegal, because you must not veriy at Bittrex?

Hi Vivisector999,

here is my review from the last 2 dumps:
My first dump was not so nice. I tested it with 0.04 Bitcoins. The main problem was, that I was way to slow and my WLAN at home ist not the best. Also I was new in Bittrex, so I was not so sure with the handling in buying altcoins.
For the second dump I decided to do it with my company computer. The computers are very fast und have top wifi connections. So I was able to buy the coin directly after the "publishment" within about 10-12 seconds. I tried it with 0.03 and made a profit of 0.009 BTC. I think I will follow this theme and I will see, if It just was a "lucky punch" or if it´s some longterm-profit-business.

Greetings,
Nacho

Sure it´s not illegal? On stock markets I think it´s not allowed as far as I know. Could Bittrex delete my account when I join it?

Dear Community,

i found a channel/group where they pump and dump altcoins (https://t.me/AltcoinPumping)
I joined it, but I saw, there are over 16.000 members investing in a mentioned coin (sometimes more than 800 Bitcoins) and I have a little bit fear now, because it´s so big, that I think, it is not allowed.

Is here a expert or something who can tell us, if "Altcoin pump and dump" is illegal?
And how is the tax handeled with pumping profits?

I hope, you can help me, I searched in other boards and in different topics, but no one had a "save" answer.

Greetings, Nacho