pump and dump

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Observers Mock Fork Called Bitcoin2 That Pumps and Dumps on Two Exchanges

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Over the last 48 hours, cryptocurrency enthusiasts have been discussing a Bitcoin snapshot fork called Bitcoin2. The little known coin gained over 5,200% since May 28 on only two exchanges and managed to get listed on Coinmarketcap.com as well. Bitcoin2 is believed to be merely a pump and dump scam, much like a great majority … Read more

Pump and Dumps Are the Final Indignity for Dying Coins

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You can tell an altcoin is close to death when its price soars. That may sound like a contradiction in terms, but that’s what can happen to crypto assets when they’re in the throes of death. With low liquidity and thin volume, exchange-listed altcoins are prey to manipulators who will send them skyward one final … Read more

Almost 5,000 Crypto Pump and Dumps Posted on Discord and Telegram in 6 Months

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A report compiled by researchers from Tel Aviv University, The University of Tulsa, and the University of New Mexico has found nearly 5,000 advertisements for cryptocurrency pump and dump signals on social platforms Discord and Telegram posted during the first half of 2018. Also Read: Asian News Headlines Exert Significant Impact on Cryptocurrency Prices Nearly 5,000 … Read more

Top 5 Most Pumped Cryptocurrencies in the Past Week

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There is always plenty of cryptocurrency market activity on any given day. While the top 10 coins only usually move a few percent a day, there are other newer altcoins that are much more volatile. The following six currencies are ranked by their current seven-day increase. #5 BaaSid BaaSid focuses on splitting and distributing text and … Read more

Josh Garza Sentenced to Prison and Fined $9M over GAW & Paycoin Scam

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U.S. Attorney’s Office District of Connecticut has announced Homero Joshua Garza (Josh Garza) has been sentenced to “21 months of imprisonment, followed by three years of supervised release, the first six months of which [Mr. Garza] must spend in home confinement, for his role in his companies’ purported generation and sale of virtual currency.” The … Read more

Riot Blockchain Replaces CEO Over $27 Million Pump and Dump Charges

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Riot Blockchain, Inc. (NASDAQ: RIOT), a company officially focused on cryptocurrency mining and the development of an exchange, has swiftly replaced its CEO after the SEC charged him in connection to a fraudulent $27 million pump an dump scheme. Also Read: Denmark’s Largest Bank May Have Facilitated up to $150 Billion in Money Laundering $27 … Read more

Ethereum Classic Price: Massive Pump Ends in Tears as Value Retraces

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The uneasy market momentum maintains its grip on the cryptocurrency industry. None of the top currencies are looking great as of right now. It would appear the Ethereum Classic price is taking the brunt of the assault, which is entirely expected after its recent pump out of nowhere. Ethereum Classic Price Returns to Normal During … Read more

Ethereum Classic Price: Major Pump Fueled by Coinbase Rumors Triggers FOMO Among Speculators

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Today is proving to be a much tougher day for all cryptocurrencies. Bitcoin has faced an unexpected onslaught, and altcoins aren’t faring much better. One exception is the Ethereum Classic price which is getting pumped due to new Coinbase rumors. A major ETC dump seems to be inevitable at this point. Another Ethereum Classic Price … Read more