YoBit is at it Again with PND

Joshua Lee
CryptoNewsRN
Published in
1 min readOct 12, 2018

Shockingly, YoBit has decided to put out yet another pump and dump, just days after they announced they would pick a random coin to buy up to 1 BTC. With the first email blast shocking the crypto world (and not in the good way, YoBit doubles down on what seems to be a foolish decision and email blasts a second time. Many traders are scratching their heads wondering what YoBits end game is here, and many see this as the set up for a potential exit scam.

YoBit has had its fair share of controversy in the past, being susceptible to hacks and under investigation by Russian authorities. With an exchange that already does not have the best reputation, one would assume they would attempt to save their reputation as opposed to blatantly promoting a pump and dump scheme.

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