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The victims find themselves shilling the token for the scammers as they fall for the fake buzz. The victims often take the bait out of their fear of missing out FOMO. Pump and dump schemes are a nasty breed of crypto scams promising ridiculously high returns. To clarify, the Ledger Ecosystem can help you become better equipped to deal with bad actors. Carlton said there are still plenty of marks as people try to educate themselves about the digital assets market, and they make themselves clear by asking rudimentary questions.
