Latest News on Pump-and-dump

Memecoin activity flourished after the launch of US President Donald Trump’s TRUMP memecoin on Jan. 18, but fell off after “Libragate.”

Token listing announcements stir up hype, but data shows a majority of tokens sell-off once listed.

Ether price rallied 7% after a new memecoin protocol was launched, but data shows traders are not buying the hype.

A proposed class-action suit alleged all crypto tokens on Pump.fun are “unregistered security memecoins” that earned the platform nearly $500 million.

A memecoin bearing Haliey Welch’s likeness rose to a market capitalization of roughly $500 million after its launch on Dec. 4 before dropping by 90%.

Hashed co-founder Ryan Sungho Kim spoke to Cointelegraph at India Blockchain Week about the effect of the attention economy on memecoins.

Haliey Welch’s memecoin HAWK has plunged 90% since its launch, though Welch has denied any insider sales from herself or her team.

Memecoins have turned numerous cryptocurrency investors into millionaires despite their intrinsic lack of utility.

SOL is up more than 20% this week, and data suggests that the rally will continue. 

The developer of a post-apocalyptic Web3 game sued market maker Jump Crypto for allegedly dumping its coins on the market in breach of its contract.

The YouTube creator doesn’t appear to have broken any laws, but his actions have sparked ethical concerns within the crypto community.

The FBI’s “NexFundAI” coin was used to catch alleged market manipulators, but the crypto community may have confused it with another coin.

The Dutch AFM issued warnings about crypto market manipulation, focusing on pump-and-dump schemes ahead of MiCA’s implementation in December.

Ethereum co-founder Vitalik Buterin addresses allegations of profiting from ETH sales, emphasizing his long-term support for Web3 projects and charities.

A Messari data engineer has called it the “most extractive crypto phenomenon” since the ICO boom, but the jury's still out on that one.