Birdwatch Note Rating
2024-01-03 11:03:51 UTC - HELPFUL
Rated by Participant: 511A89207FD58B957417C13FF795CA68FF97C013E17D9B2D38951548D1E1370F
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