[ad_1] The Social Science Research Network (SSRN) recently published research into the phenomenon of pump-and-dump groups within the crypto community. The paper – conducted by seven academics from Tel Aviv University, concluded that "regulators should be very concerned that price manipulation via pump and dump schemes is so widespread." What …
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[ad_2][ad_1] There are thousands of pump-and-dump groups on popular messaging apps, a study conducted by the Social Science Research Network (SSRN) revealed on December 18. Pump-and-dump is the fraudulent practice of perpetrators who encourage unwitting investors to buy a good to artificially inflate the price, and then sell it when …
Read More »[ad_2][ad_1] A former president of Teva Pharmaceutical Industries Ltd. and an investor known to have benefited from the clamor surrounding cryptocurrencies were cited yesterday by regulators for claims that they devised a pump-and-dump scheme. The Securities and Exchange Commission alleged that Phillip Frost and Barry Honig, along with eight others, …
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[ad_2][ad_1] Various reports have suggested or provided anonymous reports of schemes to manipulate cryptocurrency trading through pump-and-dump schemes. A recent report by the Wall Street Journal provides definitive proof. The report provides an inner look at pump-and-dump operations. The Journal states that the crypto-pump-and-dump schemes have accounted for $ 825 …
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