Birdwatch Archive

Birdwatch Note Rating

2024-01-03 10:52:31 UTC - HELPFUL

Rated by Participant: 4E615E35EA3A9663FA255E6F73ACB7947E81AE8D0EF84566AA6457A316EFCC6F
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

Original Tweet

All Information

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  • helpfulnessLevel - HELPFUL
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