Pump and Dump

From CryptoWiki

(Redirected from Pumps and dumps)

  • Aka PnD
  • Denoting 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.
  • A detailed blog post on how Pump and Dump groups 'happen' can be read here.