Pump and Dump: Typical Cryptocurrency Scam
- Author
- Many Worlds Productions
- Published
- Wed 09 Oct 2024
- Episode Link
- None
Pump and dump, rug pull... what do these terms mean? Host Michele Bousquet explains how scammy cryptocurrency schemes work, how they relate to illegal practices in the stock market, and how you can spot them so you don't fall for them.
Resources
- A Brief History of the Stock Market and Stock Exchanges
- Investopedia: Forces That Move Stock Prices
- SEC: Pump and Dump Schemes
- Investopedia: What are Penny Stocks?
- Skinning The Wolf of Wall Street: Victims Speak Out
- Faze Clan Members Skewered By Fans Following Huge Crypto Losses
- Notorious YouTube Streamer Stole $500,000 From Fans In Crypto Scheme (And Won't Give It Back)
- Influencers Who Promoted Shady Crypto Scams
- How Influencers Hype Crypto, Without Disclosing Their Financial Ties
- The Many Scams of Logan Paul and His Questionable Ventures
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