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Official SEC site warning against "pump and dump" schemes where stock owners artificially inflate the price of a stock (pump) and then sell their cheaply purchased and overvalued shares (dump), causing the overall price to fall for remaining investors.

SEC Pump and Dump Information


Uploaded by sakshi Dec 16, 2024 at 04:32AM EST

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Origin Entry: Pump and Dump

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Tweet about celebrity divestment from cryptocurrencies. Discussions about celebrity marketing contributing to the rise of crypto "pump and dump" schemes were prominent in 2022.
"Is This A Pigeon":https://knowyourmeme.com/memes/is-this-a-pigeon meme posted to Reddit's /r/RobinHoodPennyStocks, making fun of people overly concerned about pump and dump schemes.
YouTuber Coffeezilla posted a tweet criticizing a "CryptoPunks":https://knowyourmeme.com/memes/cryptopunks owner for artificially inflating the price of his NFT in 2021.
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    Uploaded Dec 16, 2024 at 04:32AM EST

    Origin Entry

    Pump and Dump

    Source

    Sec

    Tags

    pump and dump, meme coin, securities fraud, hawk tuah, investment, stock, crypto, pump and dump meme, pump and dump origin, pump and dump bitcoin, pump.fun

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