The Rise and Fall of Teeka Tiwari: A Cautionary Tale in the Crypto Space

• Teeka Tiwari was a powerful promoter of digital assets, known for market-moving effects on crypto.
• His picks caused immediate rallies in coins like AION and POWR, attracting traders' attention.
• Copycat newsletters emerged to replicate Tiwari's success in the crypto market.
• Tiwari's picks from 2017-2018 have declined significantly, leading to legal troubles.
• US DoJ charged Tiwari's analyst for touting unregistered securities, leading to civil lawsuits.
• Tiwari left Palm Beach Confidential, started his own newsletter, and continues promoting new crypto coins.

Summary :

Teeka Tiwari, a well-known figure in the crypto space, gained fame in 2017 as a powerful promoter of digital assets. He had the ability to cause significant price movements in coins he added to his portfolio, leading to massive trading activity. Traders would eagerly await his picks and quickly react, resulting in immediate price surges. Tiwari's success led to the emergence of copycat newsletters trying to replicate his impact. However, in recent years, Tiwari's influence has waned, and many of his picks have experienced significant declines. He also faced legal issues, with one of his analysts being charged for touting unregistered securities. Tiwari has had previous run-ins with regulators and has since left Palm Beach Group to start his own newsletter. Despite his past successes, caution is advised when considering his cryptocurrency recommendations.

Sources :

- Protos