The Pump-and-Dump Monopoly in Cryptocurrency
According to the results, this is an extensive process with profitability, highlighting that it demands inputs and regulations from the industry to face and manage the price manipulation of crypto.
Bitcoin was introduced as a digital currency in 2009. In addition to bitcoin, many other currencies exist with the status of primary online currencies.
The pump-and-dump Monopoly
The widespread progress of cryptocurrencies paired with technological changes has made an easier way for pump-and-dump schemes.
Why should pump-and-dump phenomena in cryptocurrencies concern us?
The recent trends in the financial system reflect the fact that bitcoin is making its mark as an asset in the system.
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