WOFI claims to be backed 1:1 by crude oil, but on-chain data shows a 99% collapse and dozens of clone contracts circulating.
Among the various types of fraud, pump and dump schemes are one of the most detrimental. Read this artcile for more info.
MrBeast, a popular YouTuber, is accused of making more than $10 million in profits from promoting and then dumping low-cap crypto projects.
