Researchers Find Thousands of Crypto Pump-and-Dump Groups on Messaging Apps

Researchers Find Thousands of Crypto Pump-and-Dump Groups on Messaging Apps

Crypto New Media Press

There are thousands of pump-and-dump groups on popular messaging apps, a study conducted by the Social Science Research Network (SSRN) revealed Dec. 18. Pump-and-dump is the fraudulent practice of perpetrators encouraging unwitting investors to buy an asset to inflate its price artificially, and then selling it when the price gets high enough. This practice is […]

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