Pump and dumps: A comparison between cryptocurrencies and stocks - BlockHaven
We recently published an article about how pump and dumps function with stocks, and with cryptocurrencies. The goal of this article is to help Ripple investors better understand what they are up against in this young and unpredictable market. We outlined the process behind a stock pump and dump, and the many ways a pump and dump can occur with cryptocurrencies. We also took the time to explain why criminals, stock promoters and other hostile actors are now favoring cryptocurrencies for price manipulation schemes.
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