Birdwatch Note Rating
2023-05-20 04:28:49 UTC - HELPFUL
Rated by Participant: 40BA49B660B52458DD246BF158021B95803BD372E8F9DA68A85B08DB666473F3
Participant Details
Original Note:
Most of GroveCoin’s volume has been faked (i.e., artificially inflated) by the team. In addition to significant wash trading on tier-2/3 centralized exchanges, GroveCoin has engaged in schemes to artificially inflate its number of holders and trading volume. https://medium.com/coinmonks/grovecoin-falsifying-volume-holders-for-exchange-listings-e2f96b8925c8
All Note Details