Cryptocurrency Exchange Yobit Announces That She Will Be Pumping Random Coins
YoBit, the Russian cryptocurrency exchange, recently announced that it is set to pump “one random coin” using 1 bitcoin every 1-2 minutes, which can help illiquid coins on its platform.
YoBit is a Russian cryptocurrency exchange providing access to hundreds of digital assets. The exchange has earned controversial fame due to reports of suspicious activity and problems with the withdrawal of funds from YoBit wallets.
The Twitter community responded to reports about the upcoming pump immediately, with some accusing the exchange of fraud, while others suggested that the YoBit account was hacked.
In November 2017, there was an investigation by Business Insider, which reported on the coordination of pampas by YoBit users in the telegram messenger. However, it is impossible to say for sure whether YoBit is aware of such activity, as the management of the exchange did not respond to the request of Business Insider.