Birdwatch Note Rating
2024-01-03 10:22:01 UTC - HELPFUL
Rated by Participant: C21E975D5A880878FC465CD879F795E3C2B65324E84E1B06296AC3EC0867A8F0
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