Promoters ‘pump’ up the price of a security creating a speculative frenzy, then ‘dump’ some of their holdings at artificially high prices. Ernst & Young estimates that 10 per cent of the money raised for initial coin offerings has been stolen.
Promoters ‘pump’ up the price of a security creating a speculative frenzy, then ‘dump’ some of their holdings at artificially high prices. Ernst & Young estimates that 10 per cent of the money raised for initial coin offerings has been stolen.
