High level of manipulation by big whales proving crypto a scam
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Crypto Fraud and Market Manipulation: It's Spiraling Out of Control
Hey everyone, Am I the only one noticing how rampant fraud and manipulation have become in the crypto space? It feels like the market is being flooded with scams, fake pumps, and shady practices, leaving regular investors struggling to keep their trust intact.
Let’s start with sniping—where bad actors target a coin, inflate its price using misleading information, and then dump their holdings once the hype takes off. This leaves unsuspecting investors holding onto worthless assets. What’s alarming is that this isn’t just isolated incidents anymore—it’s becoming a trend. And platforms often seem too slow or unwilling to intervene effectively.
Then there’s fake pumping—using bots or paid promoters to generate artificial hype and push up a coin’s price, especially with smaller, more vulnerable tokens. Once the orchestrators cash out, prices crash, and latecomers are left holding the bag. It’s infuriating to see how widespread this tactic has become.
What’s worse is the role of larger entities. Some of the big exchanges, influencers, and even projects appear to be turning a blind eye—or worse, benefiting—from this manipulation. It’s no surprise that so many newcomers end up burned by these schemes.
I’m not sure what the solution is, but we need stronger regulation and greater accountability if crypto is ever going to achieve mainstream legitimacy. As a community, we need to demand transparency and take a stand against these bad actors.
Have you noticed the same trends? How do you feel about the state of the market?
Let’s discuss. Stay vigilant out there!
#crypto
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