Earlier quoted context omitted.
It's not weird at all. It looks pretty obviously like a pump and dump scheme. This behavior is fraud, and i bet the juiciest stuff is yet to come. I'm sure the criminal complaint coming from some US Attorney will reveal that somebody was cashing out in private markets. This is no different than a boiler room.
Have you got any other example companies that have behaved like this? (case studies etc)
Very few companies or things are that unique in fundamental ways. When everyone accepts that the norms, rules, or laws don't apply to someone or something, people are temporarily accepting that those things are being broken. There is always a reckoning.
Look in this very thread. A poster says they disagree with my position, because Uber is a unique animal that is "psychotically competitve". WTF does that mean? A: Uber thinks that no rules apply to them.