Cardmarket is taking legal action against card price manipulation

[Hands]

Cardmarket Takes Legal Action Against Pokemon TCG Market Manipulators, Seeks Damages - PokeBeach

Cardmarket, often dubbed the "European version of TCGplayer," appears to be taking legal action against sellers who manipulate the market prices of

www.pokebeach.com

Pretty cool and pretty unprecedented action. What a huge step in the right direction to tackle the scourge of Market Manipulation in our hobby.

 

[Sake-Kun]

And that is how you use the systems in place to improve your own hobby. Kinda glad the europeans are not going to stand for the investor nonsense plaguing that card game at the moment, though I wonder whether this will hold water in the courtroom. We'll see.

This case might serve as a precedent for similar cases in the future.

 

[Hands]

And that is how you use the systems in place to improve your own hobby. Kinda glad the europeans are not going to stand for the investor nonsense plaguing that card game at the moment, though I wonder whether this will hold water in the courtroom. We'll see.

This case might serve as a precedent for similar cases in the future.

I would assume that they could actually get him on fraud, though it'll depend on where they try to take action. If the manipulator is in the UK he has potentially broken criminal laws, not just civil, particularly the Financial Services Act 2012. He's used false impression to damage the prices and push the market to his own ends. He's also potentially broken the Fraud Act of 2006. The Fraud Act came in to simplify a bunch of other laws, including the old Theft Act of 1968, which covered obtaining a pecuniary advantage by deception, which he absolutely has done. So if Cardmarket pursues this in the British courts they'd stand a pretty good chance of seeing a punishment dished out.