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In a highly orchestrated maneuver, the deployer of the Wall Street Baby ($WSB) token managed to pocket nearly 5,000 SOL, equivalent to $810,000, in just one hour through a strategy of sniping and dumping the newly deployed tokens. The deployer initiated the process by deploying 1 billion $WSB tokens. Of these, 600 million $WSB tokens, … Read more
Economist and gold bug Peter Schiff has warned that the current bitcoin price surge looks like “another classic pump-and-dump.” Noting the significant excitement around the new spot bitcoin exchange-traded funds (ETFs), he expressed his skepticism, stating: “I wonder when the massacre will begin.” Peter Schiff on Bitcoin ‘Pump and Dump’ The price of bitcoin soared … Read more
Analysis of token movements from Redditor moderators’ wallets suggests at least three moderators dumped thousands of dollars worth of Moon tokens just minutes before the actual announcement. Go to Source
The VC firm had received a grant from the project in return for locking $40 million worth of liquidity in SYN. Go to Source
A U.S. District Court has upheld claims by HBZ investors that the company acted fraudulently and also asserted that its token violated securities laws. Go to Source
PEPE price risks losing 20% in May due to shaky technicals, waning retail interest, and too many risks of market manipulation. Go to Source Powered by WPeMatico
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss ChatGPT pump-and-dump tokens and why you should be cautious. Go to Source Powered by WPeMatico
Blockchain security firm Peckshield on Twitter said it has found dozens of pump-and-dump tokens purporting to be related to ChatGPT. Go to Source Powered by WPeMatico
The majority of centralized exchange volume is fake, according to the billionaire investor and Dallas Mavericks owner. Go to Source Powered by WPeMatico
According to Bill Ackman, billionaire and CEO of Pershing Square Capital Management, while crypto tokens are used by unethical promoters to perpetuate fraud, they “can enable the formation of useful businesses.” A previous critic of digital assets, Ackman insists that “crypto is here to stay” and that society will benefit even more when it is … Read more
