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Find The Potential PUMP Before it Happens (Auto) With Tradingview Crypto Screener (2023)Pump-and-dump is an illegal scheme to boost a stock's or security's price based on false, misleading, or greatly exaggerated statements. � Pump-and-dump schemes. The practice is unethical, yet not illegal per the SEC. Cryptocurrency scammers have found a way to make a quick profit through social media. Well, executing a pump-and-dump operation in the stock market is illegal, hence a financial criminal offence. Since cryptocurrencies are not legally considered.