What Is Market Manipulation in the Crypto Industry?
In the crypto industry, market manipulation is a tactic that can trigger price fluctuations, create false impressions, and impact the overall health of the ecosystem
It comes in various forms, such as pump and dump schemes, spoofing, and wash trading
These actions artificially inflate or deflate prices, misleading crypto investors and disrupting the market environment
In the pump-and-dump type of market manipulation, crypto prices are artificially inflated through coordinated buying, only to be sold off quickly (dumped), leaving investors with losses
Spoofing involves placing large buy or sell orders with no intention of executing them.