Tag: pump and dump

Jul 19 2022

CFTC Ends McAfee’s Crypto Pump-and-Dump Charges, Fined Bodyguard $290K

The civil cases in the US against deceased tech mogul John McAfee came to an end as the Commodity Futures Trading Commission (CFTC) dropped the case against him for cryptocurrency pump-and-dump. The US regulator announced on Monday that it reached a settlement with Dallas-based Jimmy Gale Watson for his involvement in the crypto pump-and-dump scheme, ordering him to pay more than $290,000. Watson...

Jun 28 2022

Did Hacktivist Group Anonymous Target Terra’s Do Kwon? Or Is It An Affinity Scam?

A new Anonymous video surfaced and it points its finger at the infamous Do Kwon. The Terra/ UST/ LUNA collapse is the gift that keeps on giving, the story just refuses to die. And, as it usually happens with everything Terra- related, things might not be as it seems. Anyone can be Anonymous, it’s a decentralized and open hacktivist group. That being said, the...

May 18 2022

Is SafeMoon A Billion Dollar Fraud? Coffeezilla Thinks So – Pt.2: Pheonix

A new chapter in the exciting SafeMoon saga. In the previous one, Coffeezilla introduced the story, explained how the token functions, and took us through the first part of the alleged rug pull. This time, we go straight to the project’s operators slowly extracting...

May 14 2022

Zachxbt alleges Logan Paul is behind multiple crypto “pump and dump” schemes

May 14 2022 Published at CryptoSlate under tags  crime nft opinion paul logan people

On-chain sleuth, Zachxbt, has struck again with a thread on Logan Paul and his alleged litany of shady dealings within the crypto space. In the thread, the pseudonymous detective revealed some of the possible scams Logan Paul has allegedly been involved in based on his transaction records....

Apr 15 2022

Former Safemoon Marketing Chief Accused Of Running $12 Million Crypto Scam

As the bitcoin market matures and digital assets generate interest, widespread pump and dump tactics proliferate. One example is Safemoon. In such schemes, well-known individuals utilize their prominence to promote a cryptocurrency and so boost its price, while simultaneously planning a big sell-off of their remaining supply of the coin at the "inflated" price. Ben Phillips, a former Safemoon influencer, has been charged...

Feb 21 2022

Jake Paul, Soulja Boy, Other Celebs In Hot Water For Pump-Dump Scheme – Is SafeMoon, Safe?

Celebrities Jake Paul, Soulja Boy, and Nick Carter, among others, are being sued for being involved in the SafeMoon crypto scheme. Claims say that the hired stars made “false or misleading statements” to encourage fans to invest in the digital coin. SafeMoon LLC, the company behind the $SAFEMOON Token, is facing a...

Jan 20 2022

Celebrities got SUED because of EthereumMax Pump and Dump…But Why?

If you are in the United States of America, then you must abide by the laws. The US is strict when it comes to enforcing the laws. If you spread misinformation that causes people to lose money, you can get sued. This is exactly what Kim Kardashian, Paul Pierce, and Floyd Mayweather did. What's even funny is that all three were involved in...

Dec 29 2021

ASIC Reveals Its Tactics to Bust Pump-And-Dump Groups

The Australian Securities and Investments Commission (ASIC) infiltrated a Telegram group of investors that was coordinating a pump and dump scheme last October and dropped a warning message.

Dec 01 2021

Pump and Dump Groups | Navigating the Crypto Waters

Pump and dump groups are a growing problem in the blockchain arena. A study conducted by researchers at The Social Science Research Network (SSRN) identified around 4,818 crypto pump and dump schemes during the six-month period between mid-January and early July of 2018. The collaboration included researchers...

Oct 15 2021

Australian authorities target crypto telegram groups to weed out ‘pump and dump’ schemes

Telegram groups that are used to pump and dump all financial products, including any crypto assets, would henceforth face the wrath of the Australian Securities and Investments Commission (ASIC), according to a...

Aug 16 2021

May 19 2021

What Happened to Cryptos? BTC/ETH/BNB/XRP Analysis

Many crypto traders and investors panicked during this harsh crash. In fact, people were left with no clear vision of what's happening in the crypto dump. Despite many articles explaining why the market dipped, most people are getting into specifics,...

Feb 06 2021

XRP Price Prediction – How is Ripple STILL ALIVE? UP 50% in 7 days

Feb 06 2021 Published at CryptoTicker under tags  crypto lawsuit moon pump and dump ripple

This week was quite the chaotic one for Ripple and the XRP cryptocurrency. Many significant events happened, thus increasing volatility. In the world of finance, whenever volatility increases, investors should switch...

Jan 29 2021

After GameStop fiasco, retail traders target Cryptos – Why is DOGECOIN up 470%

A lot has happened in the past week, specifically one of the biggest scandals in the past decade regarding financial brokers. Trust is one key component that the broker-investor relationship depends on, and it seems that this trust is starting to break. Regulators and big tech giants are interfering to try to break the ice and level down the impact of the disaster,...

Oct 07 2020

How DeFi ‘Rug Pulls’ Are Becoming the Bane of the Industry

Oct 07 2020 Published at Coingape under tags  defi defi news pump and dump rug pull sushi

As cryptocurrency markets continue their retreat, DeFi tokens are getting hit particularly hard and investors are growing wary of a rising trend of ‘rug pulls’. In essence, a...

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