Hong Kong SFC warns of social media market manipulation scams


Source: forexbrokerz.com forexbrokerz.com

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20% off all market manipulations investigated currently by the Commission are pump-and-dump scams run on social media channels. Especially vulnerable to pump-and-dump attacks are the small-cap companies in Hong Kong, many of which have been targeted since the start of the year, SFC notes. The Commission also warns that more and more people are targeted by scammers online, compared to the classic cold call techniques that have been around for decades. Cryptocurrency Exchange KuCoin Hacked for $150 Million Sep 28 2020 13:28:03 KuCoin, the major crypto exchange service based in Singapore has been the victim of a hacker attack on...