Trumps accused of greed, grifting with back-to-back memecoin launches
The Donald and Melania Trump-backed memecoins that launched over the weekend have amassed a combined value of over $15 billion. Go to Source
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The Donald and Melania Trump-backed memecoins that launched over the weekend have amassed a combined value of over $15 billion. Go to Source
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 … Read more
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%. Go to Source
Hashed co-founder Ryan Sungho Kim spoke to Cointelegraph at India Blockchain Weeks about the effect of the attention economy on memecoins. Go to Source
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. Go to Source
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 … Read more
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. Go to Source
Game developer Fracture Labs accused Jump Trading of using its DIO token to profit millions from a “pump and dump” scheme. Go to Source
The YouTube influencer doesn’t appear to have broken any laws, but his actions have sparked ethical concerns within the crypto community. Go to Source
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 … Read more