Investment
Financial Times Markets

The return of ‘pump and dump’ stock scams

Why This Matters

A handful of Nasdaq-listed Chinese companies crashed last month after heavy promotion on social media

August 22, 2025
04:00 AM
2 min read
AI Enhanced

FT Podcast FT News BriefingAdd to myFTGet instant alerts for this topicManage your dery channels hereRemove from myFTThe return of ‘pump and dump’ stock scamsA handful of Nasdaq-listed Chinese companies crashed last month after heavy motion on social mediaThe return of ‘pump and dump’ stock scams on x (opens in a new window)The return of ‘pump and dump’ stock scams on facebook (opens in a new window)The return of ‘pump and dump’ stock scams on linkedin (opens in a new window)The return of ‘pump and dump’ stock scams on whatsapp (opens in a new window) The return of ‘pump and dump’ stock scams on x (opens in a new window)The return of ‘pump and dump’ stock scams on facebook (opens in a new window)The return of ‘pump and dump’ stock scams on linkedin (opens in a new window)The return of ‘pump and dump’ stock scams on whatsapp (opens in a new window) PublishedAugust 22 2025Jump to s section this pageUnlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly .Your browser does not support playing this file but you can still download the MP3 file to play locally.EU officials are accelerating plans for a digital euro, and the US Department of Justice has called for Federal Reserve governor Lisa Cook to be removed from her post.

Plus, investors lost billions of dollars in July in what could be pump and dump stock scams.

Mentioned in this podcast:EU speeds up plans for digital euro after US passes stablecoin lawJustice department calls on Federal Reserve to sack governor Lisa Cook‘I almost fell off my chair’: Investors lose billions on meme stocks as ‘pump and dump’ scams multiply for the FT Weekend Festival at ft.com/festival and use the mo code “FT” for 10 per cent off.Today’s FT News Briefing was duced by Katya Kumkova, Sonja Hutson, and Marc Filippino.

Additional help from Kelly Garry, and Gavin Kallmann. The FT’s acting co-head of audio is Topher Forhecz.

The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.comView our accessibility guide.Reuse this content (opens in new window) sJump to s sectionmoted Content the topics in this audio Euro Add to myFT Equities Add to myFT FT News Briefing Add to myFT ss have not been enabled for this article.

FinancialBooklet Analysis

AI-powered insights based on this specific article

Key Insights

  • The Federal Reserve's actions could influence market sentiment across sectors

Questions to Consider

  • How might the Fed's policy stance affect borrowing costs and economic growth?

Stay Ahead of the Market

Get weekly insights into market shifts, investment opportunities, and financial analysis delivered to your inbox.

No spam, unsubscribe anytime