Meet the crypto trader who says he bought a Tesla with ‘pump and dump’ profits but claims the scams aren’t bad: ‘It’s a game’
BI has reported on the prevalence of “pump and dump” scams in cryptocurrency markets.
A person claiming to organise these scams got in touch with BI after our first report.
He argues that manipulation is “everywhere” and say it’s “a game.”
He claims to have made “hundreds of thousands” trading and claims groups on the deep web organise even more sophisticated market manipulations.
LONDON — Meet Nico, a techie from Belgium who spends his days trading.
Nico — the name he gave Business Insider — used to plays the stock market but has increasingly favoured cryptocurrency markets in recent years.
Why? Opportunities to make easy …read more
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