Below, we’ll use on-chain analysis to consider what some of these patterns look like, a critical tool for market operators and government agencies alike. How on-chain data could be used to identify elements of possible pump and dump schemes ...
Sounds like a scam to any outsider, but there is more to tell in this story. For the time being, remember that paper gains are not real gains, until you sell your position.” This situation had the well-known markings of an enormous “Pump-and-Dump” scheme written all over it. For ...
Cryptocurrency has become an increasingly popular investment option, but with this comes an increase in the number of scams related to it, especially when markets pump and the resultingFOMOlets even the savviest investor drop their guard at times. Scammers and fraudsters use various tactics to dece...
Pump-and-dump schemes are not the only type of market manipulation you need to look out for, there are many more scams out there. You should be aware of front-running, this is performed by those who have knowledge of the future transactions and therefore they make trades based on this, ...
Crypto Scam Watch aims to break down the most common scams, show you how to spot the warning signs, and provide effective strategies to keep your digital assets secure. Whether you’re a seasoned trader or just dipping your toes into crypto, understanding these threats is essential if you wan...
But here’s the thing, a large percentage of crypto projects that influencers are promoting these days are all pump and dump or rug pull scams. In some cases, the influencers themselves might not even know that it’s a scam, they’re just looking for a paycheck for their Instagram post...
To avoid being targeted by SIM swap scammers, the FBI recommends keeping details about your financial holdings private. Check twice before you click an email link. Phishing scams are common in crypto. If you receive an email that looks like it's from your exchange, first check to see that...
If the words “pump and dump” are floating around in your head, you can be forgiven. In 2018, Bill Harris, the former CEO of Intuit and PayPal, wrotea detailed critique of Bitcoin for Voxunder the headline: “Bitcoin is the greatest scam in history.” Harris wrote: ...
"Pump and dump":scammers usually hype up a new cryptocurrency or anNFT projectand artificially increase its value. Once enough victims invest, the scammers sell their stake, leaving the victims with worthless cryptocurrency or NFT. Romance scams:involves scammers using dating platforms,social media...
A crypto rug pull scam (the name of which refers to having the rug unexpectedly pulled from under you) involves launching a token, attracting investment, and then pulling the plug. You may have heard of a rug pull scam before, as they're pretty commonplace in the traditional finance world...