{"id":4116,"date":"2022-01-07T15:07:45","date_gmt":"2022-01-07T15:07:45","guid":{"rendered":"https:\/\/egrowonline.com\/?p=4116"},"modified":"2022-01-07T15:07:45","modified_gmt":"2022-01-07T15:07:45","slug":"what-you-need-to-know-about-cryptocurrency-pump-and-dump-schemes","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=4116","title":{"rendered":"What You Need to Know About Cryptocurrency Pump-and-Dump Schemes"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight: 400\">Cryptocurrency pump-and-dump schemes (CPDs) are becoming increasingly prevalent. As in the case of traditional \u201cp<\/span><span style=\"font-weight: 400\">ump and dump\u201d schemes, CPDs <\/span><span style=\"font-weight: 400\">lead to short-term trading perturbations<\/span><span style=\"font-weight: 400\">\u2014<\/span><span style=\"font-weight: 400\">exaggerated increases and\/or decreases in prices, volume, or volatility. Prices peak or bottom out within a short time span and are usually accompanied by quick reversals, resulting in a manipulated <\/span><span style=\"font-weight: 400\">inflation or deflation of an asset\u2019s price, usually accomplished via misleading recommendations. Since the inception of cryptocurrency as a widely traded asset, there has been increasing opportunity to make money through market manipulation, specifically through classic pump-and-dump and related fraudulent schemes, and more specifically CPDs.<\/span><\/p>\n<p><span style=\"font-weight: 400\">While pump-and-dump schemes are common in traditional financial markets, cryptocurrency exchanges provide new and additional markets and methods to facilitate this practice. Though CPDs are new, CPD scammers utilize both traditional and novel implementation programs.<\/span><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.law.com\/njlawjournal\/2022\/01\/07\/cryptocurrency-pump-and-dump-schemes\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency pump-and-dump schemes (CPDs) are becoming increasingly prevalent. As in the case of traditional \u201cpump and dump\u201d schemes, CPDs lead to short-term trading perturbations\u2014exaggerated increases and\/or decreases in prices, volume, or volatility. Prices peak or bottom out within a short time span and are usually accompanied by quick reversals, resulting in a manipulated inflation or [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[39],"tags":[52,3228,840],"class_list":["post-4116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ico","tag-cryptocurrency","tag-pumpanddump","tag-schemes"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/01\/Cryptocurrency-07-767x633.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4116"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4116\/revisions"}],"predecessor-version":[{"id":4118,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4116\/revisions\/4118"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/4117"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4116"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}