Crypto pump and dump – DIGIT INFO

Crypto investors spent $4.6B buying ‘pump and dump’ tokens last year

DIGIT — Fri, 17 Feb 2023 03:51:35 +0000

Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis.

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SEC Charges 2 Firms and 4 Individuals in Crypto Pump-and-Dump Scheme

DIGIT — Sat, 01 Oct 2022 23:30:50 +0000

The U.S. Securities and Exchange Commission (SEC) has taken action against two firms and four individuals allegedly perpetrating a crypto pump-and-dump scheme. “Although this case involves crypto assets, it bears the hallmarks of a classic pump and dump scheme,” said the SEC. SEC Charges 2 Firms in Crypto Pump-and-Dump Case The U.S. Securities and Exchange […]

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ASIC targets pump and dump Telegram groups

DIGIT — Fri, 15 Oct 2021 03:33:02 +0000

“Coordinated pumping of shares for profits can be illegal. We can see all trades and have access to trader identities,” said ASIC in a message to the ASX Pump Organization on Telegram.

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