Pump and dump
Coverage of Pump and dump in the Nexus archive.
- Supreme Court upholds broad reading of SEC authority to recoup ill-gotten gains in fraud cases
The Supreme Court unanimously upheld the SEC's authority to recoup ill-gotten gains from securities fraud cases without requiring proof of individual investor losses. The ruling involved Ongkaruck Sripetch, who engaged in fraudulent penny stock schemes and was ordered to repay over $3 million.
- Is CHIP the next major pump and dump after RAVE?
The article questions whether the cryptocurrency CHIP is experiencing a legitimate surge due to exchange listings or if it's another manipulated 'pump and dump' scheme following RAVE. It invites speculation about market manipulation in the crypto space.
- Why would a gaming token seemingly pump out of nowhere?
The GUNZ/GUN token linked to the Web3 game Off The Grid has experienced a sudden price surge without official news. Gunzilla Games, the developer, was recently criticized for unpaid employee wages, and Kraken alone saw over 24 hours of trading volume exceeding the token's circulating supply.