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A comment on CFTC Orders Coinbase Inc. To Pay $6.5M Penalty. Parent comment

Re:CFTC Orders Coinbase Inc. To Pay $6.5M Penalty by xiphias2 on Saturday March 20, 2021 @01:11AM (#26520935)
Charlie Lee (the creator of Litecoin) quit Coinbase in 2017, and he owned most Litecoins in existence, and he was the director of engineering there. (I don't have any non-public information though, so take what I wrote just as general information).
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Re:CFTC Orders Coinbase Inc. To Pay $6.5M Penalty by dangero on Saturday March 20, 2021 @02:36AM (#26521251)
I don’t believe that he owned most Litecoins. That said, considering Lee publicly sold at the top of the last bubble, could this be smoking gun to a pump and dump scheme?
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Re:CFTC Orders Coinbase Inc. To Pay $6.5M Penalty by thefounder on Saturday March 20, 2021 @04:15AM (#26521597)
> could this be smoking gun to a pump and dump scheme?

Brokers do this all the time. It's not really something unusual as you might think.

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