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Topic: Pumping & Dumping Cryptocurrencies on Telegram! (Read 169 times)

Ucy
sr. member
Activity: 2730
Merit: 403
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November 21, 2017, 12:30:55 PM
#1
There are some Telegram Channels with as much as 10,000 members that engage in large scale Pump & Dump schemes. They ask members to Buy some Altcoins & Sell them at a certain day.
I can not understand why Companies after creating very Profitable Platforms refuse to invest some money in active moderators to Moderate unethical practices on the Platforms. It does not make sense atall!


The pumping of Valueless Coins should be seriously discouraged. Coins going up in price should be due to good reasons. Those desecrating Crypto should be stopped. I don't think it is OK to create a platform without rules & not apply punishment when necessary.

Am beginning to suspect that this companies deliberately allow those channels to create enough reasons for governments to clamp down on Cryptocurrency trading.

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