What are fake stocks called?
I'm curious to know, what are the counterfeit versions of stocks commonly referred to as in the financial world? Are there specific terms used to describe these fraudulent securities that mimic legitimate ones, designed to deceive investors and potentially lead to financial losses? I'm interested in understanding the terminology used to identify and discuss this type of financial fraud.
How do pump and dump schemes affect the crypto market?
In the realm of cryptocurrency and finance, the concept of "pump and dump" schemes has gained significant attention. Could you elaborate on how these schemes specifically impact the crypto market? Do they lead to short-term gains for a select few while causing long-term damage to investors? What measures are being taken to mitigate the effects of such schemes? And how do they compare to traditional financial market manipulations? Your insights into this matter would be invaluable for those navigating the complex landscape of digital currencies.