Here is their advisory doc:
http://www.cftc.gov/idc/groups/public/@customerprotection/documents/file/customeradvisory_pumpdump0218.pdfThe 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.
