The infamous pump and dump. We know it goes on and we know why people do it, sometimes though, the impact of a prolonged pump and dump scheme can be quite hard to measure.
For those not familiar with the terminology, here’s a quick definition from Investopedia.
“Pump and dump is a scheme that attempts to boost the price of a stock through recommendations based on false, misleading or greatly exaggerated statements.
Source: CryptoDaily.co.uk
Original Post: Markets Manipulated By 5 Million In Six Months Through Surge In Pump & Dumps
