Published by
ValueWalk
ValueWalk
Celebrities such as Kim Kardashian and Floyd Mayweather are being sued over allegedly misleading investors to get involved in cryptocurrency as part of what’s known as a ‘pump and dump’ scam. But what are these scams and how can investors avoid them? Q4 2021 hedge fund letters, conferences and more Cryptocurrency Pump And Dump ScamsAdam Nasli, Head Analyst at international broker comparison site BrokerChooser stressed: “Pump-and-dump schemes refer to an illegal manipulation technique when an asset’s price is pumped up intentionally by spreading misleading information. When price is increased s…
