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He should not be allowed to have money. The real criminals here are the credit-card company that let this guy borrow $5
Matt Levine’s Money Stuff: Crypto Pumps Are Just for Fun
published Aug 6, 2018, 9:45:43 AM, by Matt Levine (Bloomberg Opinion) — Crypto pump-and-dumpery. The word “unregulated” has a sort of strange usage in finance. Hedge funds, for instance, are often referred to as “unregulated,” which their compliance teams must find frustrating. Everything is regulated. Hedge funds are not subject to the same