Birdwatch Note Rating
2024-01-03 11:05:28 UTC - HELPFUL
Rated by Participant: 2029843C7EC56AD487FA433C67C9F781B58D651979083F0D6727F3D1C5181C87
Participant Details
Original Note:
This is a Pump and Dump Scheme! They involve inflating the price of an asset through misleading or exaggerated recommendations. Once the price is high, scammers sell off their holdings, causing the price to plummet and leaving others with a loss. https://www.vestinda.com/blog/crypto-pump-and-dump-what-is-it-and-how-does-it-work
All Note Details