Pump and dump
The process of buying a large amount of tokens at once, usually as a co-ordinated group, in order to artificially inflate or ‘pump’ the price causing a market reaction as outsiders attempt to ride the upward trend, then selling or ‘dumping’ at the highest point.
FatMan Terra reveals inner workings of alleged DOCK pump and dump scheme
FatMan Terra said his friend was not part of DOCK’s team but paid for a BitBoy Crypto shilling video and billboard advertisements to pump the coin.
Zachxbt alleges Logan Paul is behind multiple crypto “pump and dump” schemes
Logan Paul allegedly hyped and dumped crypto projects like DinkDoink, EthereumMax and others.
Jake Paul earned over $2 million by promoting pump and dump crypto schemes
All the crypto projects Jake Paul have either been abandoned or have lost over 90% of their value.
Australian authorities target crypto telegram groups to weed out ‘pump and dump’ schemes
Australia’s financial regulator is targeting social media groups used to pump and dump crypto assets.
New Research unveils how pump and dump schemes work in crypto industry
A new research paper from the University of Technology in Syndey found that pump and dump schemes are rife in the crypto markets, having recorded at least 355 market manipulations in the seven months.
S&P500 pump and dump proves the Bitcoin market is not as manipulated as we may think
Ask anyone about Bitcoins or the broader cryptocurrency market, and they are likely to call it thin air, manipulative, or even rat poison.
Beware: this altcoin’s price action could be part of a pump and dump scheme
0x has been in the spotlight of the cryptocurrency market following an increase in the buying pressure behind it that saw its price rise over 140 percent.
US Government Engages Bounty Hunters in War Against Pump and Dumps
Pump and dump operations are a growing problem in the cryptocurrency market and are currently “decentralizing” investors away from their capital at a rapid rate.
This relatively small amount of money will pump-and-dump Bitcoin’s price
BitMEX recently suffered an attack that resulted in $1.2 billion in liquidations.