Birdwatch Note Rating
2023-12-12 09:58:19 UTC - HELPFUL
Rated by Participant: 2542EBAA7A75C87A39828B0674334C1837338224D3E71D99F41763D04D4B486D
Participant Details
Original Note:
This is a pump and dump scheme. It involves artificially inflating the price of an asset through misleading statements, and then quickly selling the overvalued asset for a profit. Participants in these schemes typically experience significant financial losses. https://www.reddit.com/r/CryptoCurrency/s/5sKqq8n6Jt https://smartasset.com/investing/pump-and-dump https://www.investopedia.com/ask/answers/05/061205.asp
All Note Details