Coinbase CEO Brian Armstrong addressed the issue of insider trading and market manipulation in the meme coin frenzy that has taken over the crypto market. He warned traders that engaging in such activities is illegal and will result in imprisonment. Armstrong's statement came after a self-proclaimed launch strategist admitted to market manipulation and insider trading in an interview. While acknowledging that meme coins are an inevitable part of crypto's evolution, Armstrong emphasized the need to differentiate between legitimate tokens and those that have gone too far. He urged traders to contribute real lasting value to society rather than seeking quick riches.



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