Crypto Beast Vanishes After $190M $ALT Pump and Dump
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BTCCSquare news:
The year 2025 witnessed another high-profile cryptocurrency scam, with losses totaling $190 million. The scheme, involving a coordinated pump-and-dump of the $ALT token, has left investors reeling as the orchestrator—dubbed 'Crypto Beast'—disappeared without a trace.
Market participants are now scrutinizing exchange security measures and regulatory oversight. The incident underscores the persistent risks in the digital asset space, particularly around low-liquidity tokens and unverified projects.
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