Table 1 Comparison of traditional and crypto pump-and-dump schemes
From: To the moon: defining and detecting cryptocurrency pump-and-dumps
| Â | Traditional | Crypto |
|---|---|---|
Target | Low market cap | Low market cap |
Low volume | Low volume | |
Low price | Low price | |
Lack of reliable information | Lack of reliable information | |
Tactic | Misinformation | Real-time misinformation |
Privately organised (smaller scale) | Public or private group scams (larger scale) | |
Timescale | Medium (days to weeks) | Short (minutes to hours) |