Archive | pump-and-dump

Josh Garza Sentenced to Prison and Fined $9M over GAW & Paycoin Scam

U.S. Attorney’s Office District of Connecticut has announced Homero Joshua Garza (Josh Garza) has been sentenced to “21 months of imprisonment, followed by three years of supervised release, the first six months of which [Mr. Garza] must spend in home confinement, for his role in his companies’ purported generation and sale of virtual currency.” The […]

Ethereum Classic Price: Major Pump Fueled by Coinbase Rumors Triggers FOMO Among Speculators

Today is proving to be a much tougher day for all cryptocurrencies. Bitcoin has faced an unexpected onslaught, and altcoins aren’t faring much better. One exception is the Ethereum Classic price which is getting pumped due to new Coinbase rumors. A major ETC dump seems to be inevitable at this point. Another Ethereum Classic Price […]

GeyserCoin Price: Massive 70% Pump Prior to the Next Dump

Despite an overall bearish momentum affecting all cryptocurrency markets, some currencies still note surprising gains. Most of the gains are associated with currencies which have a small market cap, as those values are easier to manipulate. The GeyserCoin is a very interesting example in this regard, as it fluctuates fairly regularly. Geysercoin Price is Very […]

CFTC Aims to End Cryptocurrency Pump-and-Dumps With a Bounty Program

Pump-and-dump schemes are nothing new in the world of Bitcoin and cryptocurrencies. Such scams and hype cycles come around virtually every other week. The US Commodity Futures Trading Commission is all too aware of such developments. As such, the agency has created a bounty program meant to encourage whistle-blowers to expose these schemes. Ending Crypto Pump-and-dumps […]

Cryptocurrency Traders Reported to FBI and SEC For Pump and Dumps

Discord chat group Bitcoin Bravado has been accused of scheming to create a cryptocurrency pump and dump scheme by a potential member who group leader now says has a “bone to pick.” Discord Group Accused of Planning Pump and Dump Scheme A potential member of the Bitcoin Bravado group has gone on to Steemit in order… […]

Forget the Whitepaper: What ICO Investors Should Really Look For

There are now approximately 12 ICOs passing every day. So when one is choosing among them, it’s important to bear in mind that with so many companies wanting to make collections of funds, some will actually be a scam, others might have good intentions but prove unsuccessful, and some will have the chance to succeed. […]

Bots Blamed for Binance Bug That Leaves Traders Reeling

Binance has found itself at the center of an unusual trading bug that has created big winners and losers. In a matter of minutes, viacoin pumped by 70x. Just to compound the drama, bitcoin experienced a massive sell-off shortly afterwards following bearish news from the SEC. Binance suspended withdrawals while it investigated the matter, but […]