Pump and dump
 Pump and dump  | |
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| manipulating investors into buying shares in order to inflate the price artificially, and then selling one's own shares while the price is high, shortly before the inevitable crash |
Pump and Dump denotes the fraudulent practice of encouraging investors to buy shares in a company or coin in order to inflate the price artificially, and then selling one's own shares while the price is high.[1]
An example
A special fiat token, Tether, was used to pump up Bitcoin in the following scheme:
"Notice how Bitcoin only rises during times when Tether is seen injecting hundreds of millions into Bitcoin. And during the periods they stopped, we saw major market corrections."[2]
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