Birdwatch Note Rating
2024-01-03 10:21:20 UTC - HELPFUL
Rated by Participant: 5F65F0A409B9491246F8649686D42A7EB9A6B621D8EB4DDDB38A0E27C913639F
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