Editing Pump and dump (section)

====Cryptocurrency====
[[File:Visualisation of pump and dump scam based on SLO-BNB 40-minutes action.png|thumb|229x229px|Visualisation of pump and dump scam based on SLO-BNB cryptocurrency example<ref>{{Cite web |title=SLO/WBNB real-time on-chain dex data |url=https://coinmarketcap.com/dexscan/bsc/0xd44ae30d4a267acba4494307f1adb612cb9cf19f/ |access-date=2023-02-24 |website=coinmarketcap.com}}</ref>]]
Being an unregulated market, and due to the concentration of a large amount of [[cryptocurrency]] in a small number of hands, the prices of many cryptocurrencies are sensitive to pump-and-dump schemes.<ref>{{cite web|title=Level of cryptocurrency scams 'unprecedented in modern markets'|date=13 August 2020 |url=https://uk.finance.yahoo.com/news/cryptocurrency-pump-and-dump-scams-university-of-technology-sydney-stockholm-school-economics-riga-paper-230143711.html|access-date=2021-02-07|publisher=Yahoo! Finance|language=en-GB}}</ref><ref>{{Cite news|date=2021-02-02|title=Crypto Pump And Dumps Aim Small Amid Speculative Trading Frenzy|language=en|work=Bloomberg.com|url=https://www.bloomberg.com/news/articles/2021-02-02/crypto-pump-dumps-aim-small-amid-speculative-trading-frenzy|access-date=2021-02-07}}</ref> There are organised pump-and-dump schemes run through social media platforms including [[Telegram (software)|Telegram]] and [[Discord (software)|Discord]].<ref>{{cite web|last=Martineau|first=Paris|title=Inside the group chats where people pump and dump cryptocurrency|url=https://theoutline.com/post/3074/inside-the-group-chats-where-people-pump-and-dump-cryptocurrency|access-date=2021-02-07|website=The Outline|language=en}}</ref>