Summary
- Celebrities and influencers are accused of being involved in Crypto pump-and-dump schemes.
- Lil Pump and Moneybagg Yo promoted tokens only to sell them for profit, causing losses to followers.
- KSI endorsed tokens, dumped them, and made nearly $1.2 million, raising skepticism.
- Pump-and-dump strategies involve influencers raising token value artificially, then cashing out, leaving followers with worthless coins.
