Pump and Dump

Kim Kardashian is seen  at "Good Morning America" on September 20, 2022 in New York City.  (Raymond Hall/GC Images, modified by CoinDesk)
Kim Kardashian, EthereumMax and the SEC's Publicity Grab
Chairman Gary Gensler sent a message to celebrity crypto shills that will likely have little effect.
Kim Kardashian is seen  at "Good Morning America" on September 20, 2022 in New York City.  (Raymond Hall/GC Images, modified by CoinDesk)

(Chip Somodevilla/Getty Images)
SEC Accuses 2 Firms of Crypto Pump-and-Dump Scheme
The complaint alleges the two companies pumped the price of their cryptocurrency by falsely claiming they had acquired $10 billion in gold bullion to back it.
(Chip Somodevilla/Getty Images)

Rep. Madison Cawthorn (R-N.C.) speaks during a press conference on Nov. 1, 2021, in Washington, D.C. (Pete Marovich/Getty Images)
Madison Cawthorn Hit With US House Ethics Investigation Over Crypto Promotion
The probe, announced Monday, appears to be related to the “Let’s Go Brandon” meme coin.
Rep. Madison Cawthorn (R-N.C.) speaks during a press conference on Nov. 1, 2021, in Washington, D.C. (Pete Marovich/Getty Images)

(Michael Geiger/Unsplash)
How to Spot Crypto Pump-and-Dump Schemes
Crypto’s favorite scam isn’t just prevalent – it’s taking on new forms.
(Michael Geiger/Unsplash)

Bitcoin Cash (Shutterstock)
Bitcoin Cash Briefly Spikes on Fraudulent Press Release
The cryptocurrency rose over 4.6% from $602.63 at around 11:30 UTC to $630.70 in less than 15 minutes after the publication of a fraudulent announcement.
Bitcoin Cash (Shutterstock)

Dutch police say additional arrests may be possible.
Dutch Police Arrest Three in Pump-and-Dump Scheme Involving Self-Made Cryptocurrency
The arrests resulted from an investigation of the cryptocurrency exchange Coinhouse.eu.
Dutch police say additional arrests may be possible.