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Title: The US govt is offering bounties for info on pump and dump groups for scam ICOs Post by: alyssa85 on February 17, 2018, 02:32:58 PM Here is their advisory doc:
http://www.cftc.gov/idc/groups/public/@customerprotection/documents/file/customeradvisory_pumpdump0218.pdf Quote The U.S. Commodity Futures Trading Commission (CFTC) is advising customers to avoid pump-and-dump schemes that can occur in thinly traded or new “alternative” virtual currencies and digital coins or tokens. Customers should notpurchase virtual currencies, digital coins, or tokens based on social media tips or sudden price spikes. Thoroughly research virtual currencies, digital coins, tokens, and the companies or entities behind them in order to separate hype from facts. Blow the whistle on pump-and-dump schemers. Virtual currency and digital token pump-and-dump schemes continue because they are mostly anonymous.If you have original information that leads to a successful enforcement action that leads to monetary sanctions of $1 million or more, you could be eligible for a monetary award of between 10 percent and 30 percent. For more information, or to submit a tip, visit the CFTC’s whistleblower.gov website BTW the cftc is headed by Giancarlo - the man who gave positive testimony to the US senate. His recommendation was that the govt come down hard on scams but otherwise allow crypto to flourish. Title: Re: The US govt is offering bounties for info on pump and dump groups for scam ICOs Post by: UsernameBitcoin on February 17, 2018, 03:51:48 PM This is a great thing. These pump and dump groups were terrible.
I saw so many threads on bitcointalk promoting these pump and dump groups. |