296

Teen creates memecoin, dumps it, earns $50,000(arstechnica.com)

posted
by
Avatar
shoulderoforion@fedia.io
in
Avatar
technology@lemmy.world
66 comments
hidereport

Unsurprisingly, he and his family were doxed by angry traders.

Sort:
HotTopControversialNewOld
You are viewing a single thread.
View all comments View context
Avatar
yeahiknow3@lemmings.world
2 points
*

Absolutely. Speculation on the stock market used to be illegal until the 80’s, meaning that investments had to be based on a company’s tangible performance. No options (until 1973), no stock buybacks (until 1982), even the rules for short selling were different.

permalink
report
parent
reply

Technology

!technology@lemmy.world

Create post

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

Community stats

  • 15K

    Monthly active users

  • 6.7K

    Posts

  • 153K

    Comments

Community moderators