Federal authorities charged 18 individuals and companies in a major cryptocurrency fraud and market manipulation scheme, seizing over $25 million in assets. The FBI’s sting operation, “Operation Token Mirrors,” revealed pump-and-dump tactics and extensive market manipulation.
AnaisHe wrote on the social media
JinseFinanceThe study discovered that creators of the pump and dump tokens made roughly $30 million in profits while the victims invested $4.6 billion.
cryptopotatoCraig Wright attacked Ripple CTO and one of the original XRP ledger architects David Schwartz in a series of tweets.
FinboldOn-chain crypto researcher ZachXBT alleged that influencer Lark Davis engaged in shilling tokens.
BeincryptoThe upcoming ETH Merge upgrade is projected to potentially trigger a rally in the value of the cryptocurrency since it will improve the blockchain after the Proof-of-Stake (PoS) switch.
FinboldSelf-organized teams that support crypto scams on Discord or Telegram are not illegal in the crypto market except in regulated exchanges.
CointelegraphPump-and-dump in crypto is an orchestrated fraud that involves misleading investors into purchasing artificially inflated tokens — typically marketed and hyped by paying celebrities and social influencers.
CointelegraphTwo conspiracy theorist influencers have caused a lot of investors to lose crypto funds in a pump-and-dump scheme. They presented ...
BitcoinistIn a message to the ASX Pump Organization on Telegram, ASIC said: "Joint pumping up shares is illegal. We can see all trades and use trader identities."
Cointelegraph