How pump & dump group work (my theory)

Written by  on January 12, 2018 

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1. Single person create various type of pump & dump group.
2. Each group will have 5,000 – 10,000 (sheep).
3. The admin buy specific coin at $1.00 (example).
4. The admin ask his clueless "sheep" to buy/pump certain coin and sell/dump it at certain level $10 (example).
5. The admin set sell order at $9.
6. The admin make profits.
7. Sheep get burned.

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