Cryptocurrency Influencer's Pump-and-Dump Scheme Triggers 97% Price Collapse in ALT, Uncovering $11M Gains
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最新报道：Cryptocurrency influencer Altcoin Sherpa allegedly orchestrated a pump-and-dump scheme involving the low-cap altcoin LOOM, causing its price to surge 300% before crashing 97%. Blockchain analytics reveal suspicious trading patterns, including coordinated buys before the influencer's promotional tweets and rapid sell-offs by linked wallets, netting an estimated $11M in profits. The incident highlights ongoing concerns about market manipulation in unregulated crypto spaces, with critics calling for stricter oversight of influencer promotions. LOOM's price remains 90% below pre-pump levels, leaving retail investors with significant losses.
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