02-04-2021, 07:44 PM
SCAM ALERT: Please report this massive pump and dump scheme being hosted on Discord
<!-- SC_OFF --><div class="md"><p>Please report this pump and dump scam group (Discord and Telegram), they have 143k+ members.</p> <p>After watching them today it’s clear what’s happening. They’re taking part in major market manipulation. Each day they specify a time at which they will release whichever coin that they want participants to buy in order to pump and dump. However they have pre-pumped the coin before hand, then released the coin on their discord/telegram, then began dumping. </p> <p>For evidence you can look at, for example, today and their use of SKY coin. This group “released” the coin name, SKY, at 4pm EST (9pm GMT). At 3.59pm the coin value was up by 1500%, as soon as they “released” the coin name on their media you see a massive drop off to ~100-200%. </p> <p>All the evidence is available in their discord and Telegram. As well as this just search the appropriate hashtags on Twitter and you’ll see swarms of bots promoting this and generating ‘hype’. </p> <p>I urge everyone to submit a report to both telegram and discord regarding this group, and the incidents in general. You can do so using in-app report buttons or by tweeting the media companies they use. Links are as follows:</p> <p>I can’t post Discord or Telegram links here because of auto-bot, but here’s a <a href="https://imgur.com/gallery/Vk98QeW">screenshot of their Telegram bio</a> which has the links to join. </p> <p>There’s some massive illegal trading and with enough reporting maybe they can be slowed down, or in a perfect world maybe one day they’ll be stopped and the organisers caught. </p> <p>Aside from that I urge everyone to <em>always</em> stay away from so-called pump and dump schemes. They’re not worth it, you can get burnt, and worst of all it has a negative impact on the crypto market and community. </p> <p>Stay safe everyone, and stay vigilant.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Extinctathon_"> /u/Extinctathon_ </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lbzdn7/scam_alert_please_report_this_massive_pump_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lbzdn7/scam_alert_please_report_this_massive_pump_and/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Please report this pump and dump scam group (Discord and Telegram), they have 143k+ members.</p> <p>After watching them today it’s clear what’s happening. They’re taking part in major market manipulation. Each day they specify a time at which they will release whichever coin that they want participants to buy in order to pump and dump. However they have pre-pumped the coin before hand, then released the coin on their discord/telegram, then began dumping. </p> <p>For evidence you can look at, for example, today and their use of SKY coin. This group “released” the coin name, SKY, at 4pm EST (9pm GMT). At 3.59pm the coin value was up by 1500%, as soon as they “released” the coin name on their media you see a massive drop off to ~100-200%. </p> <p>All the evidence is available in their discord and Telegram. As well as this just search the appropriate hashtags on Twitter and you’ll see swarms of bots promoting this and generating ‘hype’. </p> <p>I urge everyone to submit a report to both telegram and discord regarding this group, and the incidents in general. You can do so using in-app report buttons or by tweeting the media companies they use. Links are as follows:</p> <p>I can’t post Discord or Telegram links here because of auto-bot, but here’s a <a href="https://imgur.com/gallery/Vk98QeW">screenshot of their Telegram bio</a> which has the links to join. </p> <p>There’s some massive illegal trading and with enough reporting maybe they can be slowed down, or in a perfect world maybe one day they’ll be stopped and the organisers caught. </p> <p>Aside from that I urge everyone to <em>always</em> stay away from so-called pump and dump schemes. They’re not worth it, you can get burnt, and worst of all it has a negative impact on the crypto market and community. </p> <p>Stay safe everyone, and stay vigilant.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Extinctathon_"> /u/Extinctathon_ </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lbzdn7/scam_alert_please_report_this_massive_pump_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lbzdn7/scam_alert_please_report_this_massive_pump_and/">[comments]</a></span>Kind Regards R