Just now, the court ruled that Musk "misled investors" during the acquisition of Twitter and lost the case. Brothers, this is not a trivial matter; the world's richest man has been officially hit — back then, he was shouting about "$420 privatization" while jumping around, playing with the market, and now he finally has to pay the price.
To be honest, I think this matter sends a clear signal to us crypto traders: we used to think that big shots could manipulate the market at will, shouting buy orders whenever they wanted, crashing the market whenever they wanted, but this time even Musk felt the iron fist of the law, which shows that regulation is really tightening. In the future, those tactics that rely on a single tweet to pump the market may become increasingly difficult to execute. We should not place all our hopes on any big shot's endorsement; no matter how fast we run with the news, we can't outrun the referee's whistle. Don't you think?