Pump-and-Dump Scheme Explained
In January 2018, the cryptocurrency community was shaken by the implosion of Bitconnect, a platform that had promised extraordinary returns but ultimately revealed itself as one of the most notorious scams in crypto history. Bitconnect’s dramatic rise and fall underscored the dangers of pump-and-dump schemes, a manipulative tactic that has ensnared countless unsuspecting investors. Pump …
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