Birdwatch Note Rating
2023-12-26 05:49:34 UTC - HELPFUL
Rated by Participant: 35C2BB64A636BF5F52E2452D63E6156CD010A18EB7F727252617C441E6803EA5
Participant Details
Original Note:
This is a pump and dump scheme. Fraudsters will bait you on joining the scheme but they have bought the coin already before the ‘pump’ announced. Once these people sell their position, the coin price typically falls and investors lose money. You cannot recover. Resources: https://www.sec.gov/rss/your_money/pump_and_dump.htm https://www.investor.gov/introduction-investing/investing-basics/glossary/pump-and-dump-schemes
All Note Details