Pump and Dump

The official X account of the world-famous heavy metal band, Metallica, was exploited to promote a Solana (CRYPTO: SOL)-based memecoin. What Happened: Widely-followed cryptocurrency influencer Ricards posted late Tuesday night about the scam, sharing a now-deleted post that showed hackers falsely...

Bitcoin miner Hut 8 (NASDAQ:HUT) hit out on Wednesday against what it called “false and misleading” claims by an activist short seller regarding the company’s merger with mining peer US Bitcoin Corp (USBTC). J Capital Research unveiled a litany of accusations against the merged...

An insider trader turned 0.34 Ethereum (CRYPTO: ETH), worth $878, into around $550,000 within the first eight hours after the launch of a memecoin called FERRET. What Happened: Lookonchain data revealed the insider trader purchased 80 million FERRET tokens using 0.34 ETH worth $...

In an unprecedented move, leading gaming company Gala Games obliterated nearly 21 billion of its (CRYPTO: GALA) tokens, equating to more than $637 million at the time of the burn. What Happened: This colossal token burn was undertaken following the completion of the V2 token airdrop...

Financier Barry Honig, Opko Health Inc. (NASDAQ: OPK) and Riot Blockchain, Inc. (NASDAQ: RIOT) CEO John O'Rourke were among those named as defendants in a securities fraud lawsuit filed Friday by the Securities and Exchange Commission that alleges a "pump-and-dump" scheme....

Wins Finance Holdings Inc (NASDAQ: WINS) is a China-based investment and asset management company and a lending solution provider for small-and-medium sized businesses in various Chinese cities. Wins Finance saw its stock debut on the Nasdaq exchange in 2015 and since then returned as much as 4,555...

Triggered by the recent liberalization of marijuana laws, the media has been showcasing marijuana related stories. Many tout the economic boom the drug is bringing to Colorado, which saw its rosy tax predictions exceeded by initial tax receipts. In light of such hype, it is no wonder that...

When it comes to investment scams, there's nothing really new under the sun. Instead, modern scams usually make use of tried and true methods from the past, with a modern twist. As such, it is important to be familiar with some of the most popular investment scams. Here we will take a look at...