# Cryptocurrency pump-and-dump schemes: Everything you should know about these scams

- Link: https://www.widthness.com/cryptocurrency-pump-and-dump-schemes-everything-you-should-know-about-these-scams/
- Published: 2021-08-09T09:30:57-05:00
- Author: Curated by John Wysocki

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 […] Click here to view original web page at www.cnet.com