Cloudburst Technologies

Market manipulation in the cryptocurrency world is rampant BUT fewer than 500 people are responsible for as much as $250 million a year in profits and over $3.2 trillion in artificial trading and orchestrated via Telegram by a tight network of bad actors, according to a?new study. Researchers at University College London have developed a tool that can track the coordination of pump-and-dump schemes, where crypto coin holders artificially inflate the price of a cryptocurrency by touting fake recommendations and generating nonexistent hype, making ordinary people intrigued enough to buy into a cryptocurrency before the owners then pull their stake and crash the price. Cloudburst Technologies is proud to be the data provider for this research and also work with the research team on this report. On Cloudburst Technologies you can monitor crypto pumps and dumps in real time as they happen and the actors responsible for it. Thanks to Fast Company for covering this very important and timely subject. #marketmanipulation #pumpanddump #rugpull #cryptocurrency https://lnkd.in/ex-_uXmP

Cloudburst Technologies Head of Engineering Ben Turner will be speaking at Chainalysis Links in NYC. He will join forces with Damon Gergar, Senior Training Specialist Chainalysis to talk about Crypto pumps and dumps, the people responsible for it and how to monitor these real time.

Market manipulation in the cryptocurrency world is rampant BUT fewer than 500 people are responsible for as much as $250 million a year in profits and over $3.2 trillion in artificial trading and orchestrated via Telegram by a tight network of bad actors, according to a?new study. Researchers at University College London have developed a tool that can track the coordination of pump-and-dump schemes, where crypto coin holders artificially inflate the price of a cryptocurrency by touting fake recommendations and generating nonexistent hype, making ordinary people intrigued enough to buy into a cryptocurrency before the owners then pull their stake and crash the price. Cloudburst Technologies is proud to be the data provider for this research and also work with the research team on this report. On Cloudburst Technologies you can monitor crypto pumps and dumps in real time as they happen and the actors responsible for it. Thanks to Fast Company for covering this very important and timely subject. #marketmanipulation #pumpanddump #rugpull #cryptocurrency https://lnkd.in/ex-_uXmP

?? Signals & Shifts: Your Weekly Crypto Market Pulse! ?? This week, our analysis uncovered significant signals shaking up the crypto world, with $74.4B in potential market manipulation activity. Here’s what you need to know: ?? Biggest Movers: ?? LUNA surged 11.6% in just 24 hours ?? BLAST skyrocketed 19.0% in the same period ?? Trending Tokens: Bitcoin Cash (BCH), Cosmos (ATOM), and EOS saw the highest manipulation signals—expect higher volatility ahead! ?? Wash Trading Watch: ?? Uniswap (UNI) - 8.57% suspected wash trading ?? Tron (TRX) - 5.02% suspected wash trading These insights highlight the ever-evolving crypto landscape. Want to stay ahead of market trends and avoid manipulation traps? Read our full report now! https://lnkd.in/eQfBddvx

????? ?????????????????????? ?????????? 2025 ?????1 Join us at Links 2025 in New York City on April 1-2 for the leading annual event within the cryptocurrency ecosystem! Don’t miss your chance to network with our amazing sponsors! Visit the sponsor booth section to learn more about the partners we collaborate with, including: Amazon Web Services (AWS) BRG Cloudburst Technologies Fireblocks Microsoft Carahsoft Guidehouse Hummingbird Notabene SonarX Siren ... and many more! ?? https://bit.ly/3YdRj6Z #Links2025

See you in 2 weeks at Chainalysis Links in NYC on April 1,2! Cloudburst Technologies will host a special session on Day 2 on Proactive Market Manipulation Investigations. This will explore crypto pump-and-dump schemes, detailing how fraudsters inflate token prices to exploit victims. It will provide investigators with tools to analyze blockchain data, identify fraud in smart contracts, and monitor suspicious activity on platforms like Telegram and Discord. This will be a session you can't miss! Join us at Links! Cloudburst Technologies Chainalysis

We are proud to be OSINT(Open source Intelligence ) partners of Chainalysis! Congrats on this recognition by Fast Company

?? Crypto Market Insights: Key Signals & Shifts This Week ?? Market Highlights: ?? $82.5B in trading volume potentially impacted by market manipulation. ?? Biggest price surges: ? ChainLink (LINK): ?? +10.0% in 24 hours (Market Cap: $8.27B) ? Wen (WEN): ?? +11.5% in 24 hours (Market Cap: $0.2B) ? Most Targeted Tokens: Bitcoin Cash (BCH), Cardano (ADA), and TRON (TRX) saw the highest number of signals, indicating potential increased volatility. ?? Wash Trading Trends: ? Uniswap (UNI): 8.57% suspected wash trading ? Tron (TRX): 5.02% suspected wash trading ?? Takeaway: The crypto market remains highly dynamic, with significant price movements driven by coordinated trading activities. As always, high returns come with high risks. Stay informed, stay strategic. ?? #Crypto #Blockchain #MarketInsights #CryptoTrading #DeFi https://lnkd.in/edgqctv2

In the wake of the devastating ByBit exchange heist by suspected North Korean hackers, CoinDesk has published an article highlighting the problems that North Korea has in terms of laundering such large amounts of stolen crypto, and the alleged role being played by Chinese crypto-based money laundering services. (Link: https://lnkd.in/dVkn2Q_K). Last year, Cloudburst Technologies published a report on this laundering activity (Link: https://lnkd.in/dSFEdVaT) that noted, "China appears to be the largest market for online crypto money laundering services, and many Chinese money laundering channels on Telegram have tens of thousands of subscribers." The report also explained how the laundering services are evading law enforcement by selling "stolen USDT across borders. For example, the USDT we steal from the United States will only be sold in China, and USDT is not protected by law in China!" To buttress their claims, services have posted videos on Telegram and other social media platforms that appear to show bags--and in some cases, pallets--of cash being loaded up and taken out of banks in China, including branches of China Merchants Bank, the Agricultural Bank of China, and China Construction Bank. A cursory analysis of these services suggest that they almost certainly work with insider assistance at Chinese banks and government agencies, as well as in collaboration with suspected illicit gambling networks, hackers, and online extortionists. Commission rates for money mules typically range from 1.5% to 7.6% depending on the payment method, which is done via Alipay, WeChat Pay, bank transfers, or cash. USDT is overwhelmingly the preferred cryptocurrency medium, and there is a clear division between "white U" (i.e. seemingly clean and legitimate USDT) versus "black U" (i.e. stolen USDT with a tainted history and possible legal baggage). Messages posted by these Chinese laundering services reference "black U" being exchanged for "white U" at a ratio of 2:1, suggesting a form of mixing or layering. These services also appear to be highly organized with a defined hierarchical structure, including recruiters, team leaders, and customer service representatives. They can be readily accessed through multiple chat platforms. No wonder they are attractive cash-out targets for North Korean hackers...

Cryptocurrency pump and dump schemes harm the ecosystem by creating artificial price inflation, misleading investors and causing sudden crashes that erode trust. They discourages long term investment, increase market volatility and ultimately damage the credibility of legitimate crypto projects. The below research using Cloudburst Technologies data creates a mechanism for proactively identifying pumps and dumps and the masterminds behind them.