Dutch Regulator Warns of Crypto Pump-and-Dump, New Regulation to Ban These Schemes – Bitcoin.com News
The Dutch regulator has issued a warning about crypto pump-and-dump schemes. These schemes involve artificially inflating the price of a cryptocurrency and then selling it off quickly to make a profit. The regulator is introducing new regulations to ban these harmful practices. Investors are advised to be cautious and vigilant when investing in cryptocurrencies to avoid falling victim to these schemes.