News & Events

Cryptocurrency pump-and-dump schemes: Everything you should know about these scams – Source CNET Tech

Cryptocurrency scam

Getty Images

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 involve influencers who receive financial incentives for…

Read More…

Source CNET Tech

Source link