Share this article
Meet the ICO Pumper Who Makes His Living Manipulating Crypto Markets
In this excerpt from our exclusive interview with Alexey Andryunin the Russian trader talks about the origins of his business.
Updated Sep 13, 2021, 11:17 a.m. Published Aug 5, 2019, 4:00 a.m.
Make us preferred on Google
https://www.youtube.com/watch?v=rKBOeYSgyQA&feature=youtu.be
How do you get into the business of market manipulation? It’s easy if you try.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Alexey Andryunin, a 20-year old college student from Moscow, became a sensation after he quite openly told CoinDesk how his company was helping little-known token projects get traction via inflated trading volumes.
You can watch the full interview here.
More For You
More For You
BlackRock's digital assets head: Leverage-driven volatility threatens bitcoin’s narrative
Rampant speculation on crypto derivatives platforms is fueling volatility and risking bitcoin’s image as a stable hedge, says BlackRock’s digital assets chief.
What to know:
- BlackRock digital-assets chief Robert Mitchnick warned that heavy use of leverage in bitcoin derivatives is undermining the cryptocurrency’s appeal as a stable institutional portfolio hedge.
- Mitchnick said bitcoin’s fundamentals as a scarce, decentralized monetary asset remain strong, but its trading increasingly resembles a "levered NASDAQ," raising the bar for conservative investors to adopt it.
- He argued that exchange-traded funds like BlackRock’s iShares Bitcoin ETF are not the main source of volatility, pointing instead to perpetual futures platforms.
Top Stories
