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For stocks, yes. For cryptocurrency, no. The Securities and Exchange Commission is the government regulatory agency that investigates securities scams such as insider trading and pump and dumps. It doesn't yet have similar rules for cryptocurrency, and doesn't plan on implementing crypto regulations, at least for 2024. See more A pump and dump is a securities scamusually involving stocks. Scammers create false hype about a stock in order to generate interest. … See more It doesn't work much differently than with stocks. A certain crypto asset is pumped up by people in order to make the value increase. "As the prices rise, the pump creators dump their … See more It's important to understand if FOMO is contributing to your decision on whether to invest in a cryptocurrency. It may seem like everyone is … See more In July, four members of the FaZe Clan participated in a pump-and-dumpfor a token called SaveTheChildren. The pro gamers, along with other influencers, pushed the coin to their followers. Once the price increased, … See more WebCoinTracking is a well-known software for crypto taxes from Germany. But is CoinTracking a scam? No, it is not: According to our experience and review, CoinTracking is a safe crypto … WebMay 17, 2024 · Elon Musk impersonators have stolen at least $2 million from investors in cryptocurrency scams over the past six months, according to the Federal Trade Commission. The theft is part of a so-called ... biting cuticles habit