Hedera Hashgraph (HBARUSD)

[europa7]

CFTC Advisory
https://www.cftc.gov/LearnAndProtect/AdvisoriesAndArticles/beware_virtual_currency_pump_dump.html

Customer Advisory: Beware Virtual Currency Pump-and-Dump Schemes
"The U.S. Commodity Futures Trading Commission (CFTC) is advising customers to avoid pump-and-dump schemes that can occur in thinly traded or new “alternative” virtual currencies and digital coins or tokens. Customers should not purchase virtual currencies, digital coins, or tokens based on social media tips or sudden price spikes. Thoroughly research virtual currencies, digital coins, tokens, and the companies or entities behind them in order to separate hype from facts."

Old Scam, New Technology
"The same basic fraud is now occurring using little known virtual currencies and digital coins or tokens, but thanks to mobile messaging apps or Internet message boards, today’s pump-and-dumpers don’t need a boiler room, they organize anonymously and hype the currencies and tokens using social media.

Some of these pump-and-dump groups and chat rooms contain thousands of members. The members subscribe to the group and follow the conversations as they indicate when the next pump-and-dump will occur..."


Cryptocurrency Pump and Dump – What is it?
https://rexxfield.com/cryptocurrency-pump-and-dump/


Crypto Pump and Dump Schemes: What to Do When They Happen
https://learn.bybit.com/crypto/crypto-pump-and-dump-schemes/

Note: pump dump scam parasites working these crypto message boards? targeting the fomo crowd? interesting...be careful out there...glta

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