• Misleading investors

Creating a false prosperity: Musk, with his huge influence, frequently called out $PNUT and other air coins through social media, making investors mistakenly believe that these virtual currencies have great investment value and potential, thereby attracting a large number of investors who do not know the truth to rush into the market. For example, under his call, the price of $PNUT has seen an astonishing increase in a short period of time, making many people mistakenly believe that they have found a shortcut to get rich quickly.

Ignoring investment risk warnings: During the order-calling process, he did not fully and clearly disclose to investors the huge risks hidden behind these air coins, such as lack of intrinsic value support, drastic price fluctuations, market manipulation risks, etc. Many investors suffered serious losses after blindly following the trend and investing, and their wealth evaporated in an instant, causing a great impact on their personal and family finances.

  • Disrupting the order of financial markets

Intensifying market speculation: Musk's shouting behavior has made the speculative atmosphere in the virtual currency market more intense. Investors no longer pay attention to the fundamentals and long-term value of the project, but only chase short-term price fluctuations and try to make huge profits by following the hype. This kind of speculative behavior has seriously disrupted the normal order of the financial market and undermined the stability and healthy development of the market.

Influence on the market price formation mechanism: His remarks and actions can easily influence the price trend of air coins, causing the market price to no longer be determined by the real supply and demand relationship and asset value, but to be manipulated by human factors. This not only violates the market rules, but also distorts the market price signal, affects the effective allocation of resources, and has a negative impact on the stability of the entire financial system.

  • Violation of business ethics and social responsibility

Using influence for personal gain: As a business leader with extensive influence, Musk should have assumed corresponding social responsibilities and set the right value orientation for society and investors. However, he used his influence and fan base to frequently call for air coins to seek economic benefits for himself, which seriously violated the requirements of business ethics and social responsibility.

Damage to public interests: His shouting behavior caused a large number of investors to suffer losses, which damaged the interests of the public, especially those ordinary investors who lacked investment experience and risk awareness. These investors often blindly followed Musk's investment because of their trust in him, but eventually became the target of harvesting, which undoubtedly caused damage to social fairness and stability.

  • Challenging the regulatory bottom line

Increased difficulty in regulation: Musk's behavior of shouting out empty coins occurred in the relatively unregulated virtual currency field. His influence and behavior made it more challenging and difficult for regulators to regulate the virtual currency market. His frequent shouting and market manipulation have caused chaos in the virtual currency market, further increasing the difficulty of regulation.

Testing the boundaries of regulation: Some of his actions seem to be testing the boundaries of regulation, trying to maximize benefits in the gray area of ​​regulation. Such behavior not only challenges the authority of regulatory agencies, but also brings instability to the regulatory environment of the entire financial market, which is not conducive to the healthy and stable development of the financial market.