Crypto Fraud and Fake Pumping: It's Getting Out of Control

Hey everyone,

I don't know about you, but lately, it feels like the crypto space is being overrun by fraud and manipulation. We're witnessing an explosion of fake pumps, sniping, and outright scams that are making it harder for regular investors to have any confidence in the market.

First, let's talk about sniping – the practice of targeting a coin, artificially inflating its price with false or misleading information, then selling off once it gains momentum, leaving unsuspecting holders stuck with a worthless asset. It's no longer just a few bad actors. It feels like a trend, and the worst part is that platforms often fail to act quickly enough to prevent it.