Light on a sinister plot:
- A group conspired to manipulate cryptocurrency markets
- They shared insider information on a specific coin, timing, and exchange
- On the designated day, they artificially inflated the coin's price by buying in bulk
- Unsuspecting investors were lured in through FOMO, fueling the scam
* A Call to Action for Exchanges
safeguard users recommended:
Temporarily halting withdrawals during suspicious price surges
Following Binance's lead, which protected investors in the 2021 DREP incident
* Stay Vigilant, Stay Informed
Learn how these scams operate and arm yourself with strategies to avoid them in future bull runs. Stay ahead of the game and protect your investments!
