Dhawan, Anirudh; Putniņš, Tālis J.; Rasel, Atiqur Rahman - 2023
We show that a type of market manipulation popularized in cryptocurrency markets is now also found in stock markets, an effect we term “crime contagion”. Manipulators gather traders in pseudo-anonymous online forums (e.g., Telegram) where they co-ordinate pump-and-dump attacks on stocks,...