Re:Discord bans r/WallStreetBets server, subreddit went priv...
by necubi on Wednesday January 27, 2021 @07:12PM
(#25936148)
"Market manipulation" is what we call it when you affect markets illegally. If it's not illegal, it's not manipulation. For example, if I buy a bunch of stock in a company it will usually raise the stock price. That affects the market but is not illegal and is not manipulation.
[ Parent
| on HN ]
Re:Discord bans r/WallStreetBets server, subreddit went priv...
by thaumasiotes on Wednesday January 27, 2021 @07:38PM
(#25936466)
> "Market manipulation" is what we call it when you affect markets illegally. If it's not illegal, it's not manipulation.
This is backwards. The label "manipulation" is applied (or not) retroactively based on whether something was determined to be illegal or not. It's not something you can know in advance; two copies of the exact same action might be judged differently.