Cryptocurrency pump-and-dump schemes: Everything you should know about these scams
1 min read
Image: Cryptocurrency scam. Image credit: Getty Images. Article by Oscar Gonzalez. CNET – August 6, 2021.
Cryptocurrency fans view Bitcoin, Ethereum and Dogecoin as the future of money for the globe. The underlying blockchain technology allows crypto to work by creating a digital ledger that records transactions, which would seemingly create a safer form of currency. But where there’s money to be made, scammers aren’t far behind.
Crypto pump-and-dump schemes are designed to take advantage of people while making some big money for scammers. They generally […]