How To Identify and Avoid a Cryptocurrency pump and dump Scheme 120874 1 - How To Identify and Avoid a Cryptocurrency pump-and-dump Scheme?

Pump and dump schemes are a form of securities fraud that involve the pumping of stocks and the subsequent dumping of those same stocks. Pump and dump scams target penny stocks traded on the OTC Bulletin Board or Pink Sheets. The scheme involves selling shares in companies with low trading volumes, where there is little information available for investors to consider before buying in. Unfortunately, many uneducated investors do not realize they are being scammed until it’s too late after they’ve purchased shares at artificially high prices, only to sell them off once their value has dropped back down ...Read more

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