Birdwatch Note Rating
2024-03-03 14:49:50 UTC - HELPFUL
Rated by Participant: 801EF47667BB4A265482C460A08B6BB8CD8D4399730F8E355209F79C3722D4ED
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Original Note:
Individuals orchestrating pump&dump schemes typically buy the cryptocurrency they recommend (via numerous promoted posts from automated verified accounts) in advance. Then when they ask you to buy, they sell it to you, leaving you with undesirable assets and diminished funds. https://groww.in/blog/pump-and-dump-in-cryptocurrency https://www.fool.com/investing/stock-market/market-sectors/financials/cryptocurrency-stocks/how-to-spot-crypto-scam/
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