USC ISI researchers track crypto pump-and-dump operations on social media - USC Viterbi

USC researchers monitored social media and showed attempts to inflate coins’ value are coordinated via conversations on various platforms. The practice is unethical, yet not illegal per the SEC. The modus operandi is always the same: they buy coins when the price is low, team up to create the buzz and get the price of this coin to rise, then sell theirs for a profit. The USC ISI-led researchers also showed that a smaller group of people were directly connected because they were dumping their coins a tad earlier than everybody else, initiating the drop of the coin and making the biggest profit. They hope to use this research to create a warning system for individuals to show them the likelihood that a coin is being pumped, so they be cautious when they buy it. Source