Re:SEC suspends trading in 15 securities due to questionable...
by alisonkisk on Friday February 26, 2021 @06:28PM
(#26281068)
Orchestrating in secrets, OK; but pumping in secret??
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Re:SEC suspends trading in 15 securities due to questionable...
by threwawasy1228 on Friday February 26, 2021 @07:08PM
(#26281354)
Not secret necessarily, just spamming only niche groups on telegram and discord, not publicly spamming. I believe they think this makes it less likely they get caught whilst still covering a lot of ground. For an analysis of these private telegram groups doing pumping, see the following paper. It has an index at the end listing all the private channels they used in their analysis
[0] https://www.doc.ic.ac.uk/~livshits/papers/tr/pump_and_dump_t...
Re:SEC suspends trading in 15 securities due to questionable...
by anonymousDan on Saturday February 27, 2021 @02:10AM
(#26283284)
Wow, really interesting, thanks for posting that.
Re:SEC suspends trading in 15 securities due to questionable...
by pinky1417 on Friday February 26, 2021 @08:36PM
(#26281886)
In my Twitter feed a couple months ago, I saw a tweet (a promoted tweet? If they even have that and I’m remembering correctly) advertising a crypto “pumping group” on Discord. Yes, they actually referred to themselves as a “pumping group.”
Not so secret in terms of getting new members!