pump and dump

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Defi Token Exposed as Pump and Dump Scam in Leaked Telegram Chat 

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A leaked Telegram discussion by 50 so-called crypto influencers has exposed the extraordinary steps they take in order to profit on the back off unsuspecting defi investors. According to a leaked screenshot of the chat, an elaborate plan to defraud defi investors using the worthless “$Few” tokens had been hatched. $Few tokens would be airdropped … Read more

Analyst: Chainlink Is Another Altcoin Bubble as Price Crashes 20% in 48 Hours

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Chainlink is a bubble that is waiting to burst, and the token will eventually lose 99% of its value, according to crypto investor and analyst ‘Cryptowhale’. The warning comes as the price of Link tumbled 23% to $15.41 in 48 hours. Cryptowhale this week told his 28,000 Twitter followers that there are parallels with what … Read more

Accused of Spreading a FUD Zeus Capital Doubles Down on Chainlink Pump and Dump Claims

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Zeus Capital LLP has released a new report reiterating its earlier stance that Chainlink is a giant pump and dump scheme. This new report comes after the little known asset management and research firm took a flak for attacking Chainlink’s token in an earlier report. In what it now terms part 1 of its exposé, … Read more

20,000 Helbizcoin Investors Accuse Company of Trying to Destroy Evidence, Seek Court Injunction

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A group representing about 20,000 investors in Helbiz Inc has filed a motion seeking a temporary restraining order and preliminary injunction against the company. Investors want a motion granted to stop the company from destroying smart contracts that supports Helbiz Inc.’s ERC20, a token also known as Helbizcoin (HBZ). The application was filed on 6 … Read more

Observers Mock Fork Called Bitcoin2 That Pumps and Dumps on Two Exchanges

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Over the last 48 hours, cryptocurrency enthusiasts have been discussing a Bitcoin snapshot fork called Bitcoin2. The little known coin gained over 5,200% since May 28 on only two exchanges and managed to get listed on Coinmarketcap.com as well. Bitcoin2 is believed to be merely a pump and dump scam, much like a great majority … Read more

Pump and Dumps Are the Final Indignity for Dying Coins

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You can tell an altcoin is close to death when its price soars. That may sound like a contradiction in terms, but that’s what can happen to crypto assets when they’re in the throes of death. With low liquidity and thin volume, exchange-listed altcoins are prey to manipulators who will send them skyward one final … Read more

Almost 5,000 Crypto Pump and Dumps Posted on Discord and Telegram in 6 Months

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A report compiled by researchers from Tel Aviv University, The University of Tulsa, and the University of New Mexico has found nearly 5,000 advertisements for cryptocurrency pump and dump signals on social platforms Discord and Telegram posted during the first half of 2018. Also Read: Asian News Headlines Exert Significant Impact on Cryptocurrency Prices Nearly 5,000 … Read more