The Securities and Exchange Commission (SEC) has charged a group of stock-focused social media influencers with fraud, after they allegedly racked up roughly $100 million by promoting pump-and-dump ...
Creators of crypto token pump-and-dump schemes made an estimated $30 million in profits from selling off their holdings before the token value plummeted, blockchain-analysis firm Chainalysis said in a ...
Almost a quarter (24%) of cryptocurrency tokens launched last year displayed the tell-tale signs of a pump-and-dump fraud scheme, according to Chainalysis. Pump-and-dump schemes are common in ...
A Hoboken man with hundreds of thousands of followers on social media is facing federal charges he participated in a “ pump and dump” stock market scheme that netted him and seven others $114 million.