pump and dump – DIGIT INFO

Trumps accused of greed, grifting with back-to-back memecoin launches

DIGIT — Mon, 20 Jan 2025 04:22:06 +0000

The Donald and Melania Trump-backed memecoins that launched over the weekend have amassed a combined value of over $15 billion.

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Authorities Target First Crypto Pump-and-Dump Under New South Korean Law

DIGIT — Fri, 17 Jan 2025 05:30:55 +0000

South Korea has cracked down on a pump-and-dump scheme, accusing a suspect of rapid price manipulation under the country’s new crypto regulatory framework. New Crypto Law in Action: Suspect Accused of Rapid Price Manipulation South Korea’s Financial Services Commission (FSC) and Financial Supervisory Service (FSS) announced on Thursday that they have reported an individual suspected […]

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Hawk Tuah influencer speaks out after memecoin rug pull allegations

DIGIT — Fri, 20 Dec 2024 18:29:59 +0000

A memecoin bearing Hailey Welch’s likeness rose to a market capitalization of roughly $500 million after its launch on Dec. 4 before dropping by 90%.

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Attention economy has fueled memecoins — Hashed co-founder

DIGIT — Thu, 05 Dec 2024 18:39:50 +0000

Hashed co-founder Ryan Sungho Kim spoke to Cointelegraph at India Blockchain Weeks about the effect of the attention economy on memecoins.

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Pump.fun’s memecoin freak show may result in criminal charges: Expert

DIGIT — Mon, 25 Nov 2024 21:49:39 +0000

A legal expert says Pump.fun’s extreme livestream content involves threats, scams and illegal behavior that can open up criminal investigations and civil lawsuits.

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Gen Z Trader’s $30K Heist Backfires as Crypto Community Rallies Token to $56M Market Cap

DIGIT — Wed, 20 Nov 2024 17:47:32 +0000

A young trader pulled off a pump-and-dump scheme on the coin called QUANT token, but the crypto community countered by rallying the token’s price. Trader Live Streams Token Dump A pump-and-dump coin created by an unidentified young trader saw its market capitalization continue to surge hours after he dumped his holdings on unsuspecting users. Although […]

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Game developer sues Jump Crypto for alleged pump and dump, $1.4M freeze

DIGIT — Fri, 18 Oct 2024 13:30:00 +0000

The developer of a post-apocalyptic Web3 game sued market maker Jump Crypto for allegedly dumping its coins on the market in breach of its contract.

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Jump Trading accused of crypto ‘pump and dump’ in game dev’s suit

DIGIT — Thu, 17 Oct 2024 03:36:41 +0000

Game developer Fracture Labs accused Jump Trading of using its DIO token to profit millions from a “pump and dump” scheme.

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MrBeast allegedly reaped $10M promoting and dumping altcoins

DIGIT — Mon, 14 Oct 2024 18:11:51 +0000

The YouTube influencer doesn’t appear to have broken any laws, but his actions have sparked ethical concerns within the crypto community.

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FBI Creates Crypto Token to Expose Fraud — Seizes $25M in Cryptocurrency, Charges 18

DIGIT — Thu, 10 Oct 2024 00:16:22 +0000

Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated token prices, resulting in the seizure of $25 million in cryptocurrency. As part of “Operation Token Mirrors,” the Federal Bureau of Investigation (FBI) created a […]

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