PumpCell: Sophisticated Crypto Scammers on Telegram

PumpCell: A Sophisticated Crypto Scam on Telegram UncoveredSolidus Labs recently exposed a group, PumpCell, allegedly running large-scale pump-and-dump schemes on Telegram. This shadowy ring of experienced crypto traders manipulates micro-cap tokens, sometimes pushing their value into the millions within minutes. They focus on new tokens on Solana and BNB Chains, using synchronized launches, automated bots, fake hype campaigns, and early buys to create artificial price spikes. One channel made $800,000 in a month. Members often impersonate real projects and move funds to centralized exchanges or use Eastern European brokers to bypass financial compliance checks.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.