pump-and-dump scheme
Coverage of pump-and-dump scheme in the Nexus archive.
- South Korea moves to prosecute crypto whale for alleged pump-and-dump scheme
South Korea is moving to prosecute a crypto whale for allegedly inflating a token's price on overseas platforms and then dumping their holdings on a domestic exchange. The scheme is described as a pump-and-dump strategy.
- TRADOOR Down 90%: A New Rug Pull Following MemeCore and RaveDAO?
TRADOOR's token plummeted 90% in 30 minutes, with analysts suspecting a deliberate rug pull after a pump-and-dump scheme. The project's team held 86% of tokens, enabling artificial price manipulation before dumping, similar to recent cases like MemeCore and RaveDAO. The project's low security score and centralized token control raised red flags.
- RaveDAO team denies role in RAVE token pump as Binance, Bitget open investigations
RaveDAO has denied involvement in a RAVE token price manipulation scheme as Binance and Bitget investigate. Onchain investigator ZachXBT accused the team of orchestrating a pump-and-dump scheme and is offering a $25,000 reward for evidence.