Pumping and dumping cryptocurrency is the latest get-rich-quick scheme, one of the shadier hallmarks of digital capitalism. The scheme is simple: a group coordinates to rapidly purchase a particular ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Vikki Velasquez is a researcher and writer who has managed, ...

LAS VEGAS, Nev. (FOX5) - All investors want to grow their wealth as quickly as possible, but beware of social media posts promising big returns fast. It’s called a “pump and dump” scheme. Bad actors ...

Pump-and-dump stock scams are nothing new. These scams have been a mainstay of financial fraudsters for centuries. And while technology has changed the way they operate, the underlying principles and ...

For most of the research that Chainalysis release in their annual Crypto Crime Report, the data tells “a clear story.” For instance, funds sent to ransomware operators, darknet markets, or sanctioned ...

Eight men who promoted themselves as stock-picking gurus are facing civil and criminal charges for allegedly coordinating a long-running pump-and-dump scheme on social media. To their collective 1.5 ...

In a nutshell: Authorities arrested eight men allegedly involved in a "massive" pump-and-dump scam. The suspects stand accused of artificially inflating stock prices by using their influence on ...

The valuation of Trump Media & Technology Group has been a hot topic since the company had its public debut. A Robinhood investor who said shorting stocks should be banned is ready to short the stock ...

Fracture Labs, creator of the Web3 game Decimated, has filed suit against market maker Jump Crypto for allegedly orchestrating a pump-and-dump scheme using its in-game currency, DIO. In a complaint ...