Federal authorities charged 18 individuals and companies in a major cryptocurrency fraud and market manipulation scheme, seizing over $25 million in assets. The FBI’s sting operation, “Operation Token Mirrors,” revealed pump-and-dump tactics and extensive market manipulation.
AnaisCraig Wright attacked Ripple CTO and one of the original XRP ledger architects David Schwartz in a series of tweets.
FinboldCrypto winter has also hit the popular blockchain-based online video game sector in recent months.
BitcoinistETH's price has struggled, declining by 9% over the last 30 days.
BeincryptoOn-chain crypto researcher ZachXBT alleged that influencer Lark Davis engaged in shilling tokens.
BeincryptoThe upcoming ETH Merge upgrade is projected to potentially trigger a rally in the value of the cryptocurrency since it will improve the blockchain after the Proof-of-Stake (PoS) switch.
Finbold
Self-organized teams that support crypto scams on Discord or Telegram are not illegal in the crypto market except in regulated exchanges.
CointelegraphPump-and-dump in crypto is an orchestrated fraud that involves misleading investors into purchasing artificially inflated tokens — typically marketed and hyped by paying celebrities and social influencers.
CointelegraphIn a message to the ASX Pump Organization on Telegram, ASIC said: "Joint pumping up shares is illegal. We can see all trades and use trader identities."
Cointelegraph