🚨😳ALERT! Master Mind behind PUMP AND DUMP🚨‼️

A Personal Warning to Crypto Investors 🚨

During the last bull run, I unknowingly joined a Telegram group running a pump and dump scam. I noticed obscure coins suddenly surging up to 500% within minutes, only to crash hours later, with no news or updates to justify the pumps. This raised my suspicions of market manipulation.

My investigation revealed the reality of these schemes. The group shared details about an upcoming pump, including the coin, timing, and exchange. On the scheduled day, they bought large quantities to inflate the price, causing unsuspecting investors to fall prey to FOMO and buy into the scam.

Exchanges should consider temporarily halting withdrawals when coins experience rapid and suspicious price increases to protect users. Binance did this with DREP in 2021, safeguarding many investors.

Stay tuned for more insights on avoiding these scams in future bull runs.

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