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The crypto wolves and their multi-million ‘pump and dumps’

A six-month investigation by the Wall Street Journal, that examined crypto exchange data and online communications between traders, claims to have found 175 “pump-and-dump” schemes for 121 different crypto-tokens. In total, say WSJ writers Paul Vigna and Shane Shifflett, this generated $825 million worth of trade and caused “hundreds of millions in losses for those […]