Pump and Dump Schemes

  • Home
  • Pump and Dump Schemes
Pump and Dump Schemes

Pump and dump schemes involve artificially inflating the price of a low-volume cryptocurrency through misleading information or fake hype. Scammers acquire a large number of cheap coins, spread false positive news, and encourage others to invest. Once the price reaches a peak, they sell their holdings, causing the value to plummet, leaving unsuspecting investors with significant losses. Be cautious of sudden market surges and do thorough research before investing in lesser-known cryptocurrencies.

Contact Info

Related Posts

Cloud Mining Scam

This crypto scam lures unsuspecting investors with promises of huge profits by investing in cloud

Read More

Phishing Attacks

Phishing attacks are a prevalent tactic used by scammers to gain unauthorized access to your

Read More

Romance Scam

A romance scam is a type of online scam where the scammer creates a fake

Read More