News Cryptocurrency?

in #bitcoin5 years ago



"YoBit, a Russia-based cryptocurrency exchange that was founded in 2015, has publically announced a pump scheme on their Twitter feed.This is a part of a scheme commonly known in crypto circles as the ‘pump-and-dump’, which is considered to be a form of fraud. Basically, those who perform the scheme are attempting to boost asset prices artificially, by using false recommendations and misleading news."

Read More>>>Crypto Community Riled at Russian Exchange’s Coin Pump Scheme

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