06-28-2022, 06:32 PM
What happens when you join a Discord Pump n' Dump group.
<!-- SC_OFF --><div class="md"><p>Ever got a DM that invited you to a Pump and Dump group?</p> <p>It should be clear for most people that no one is giving out free money. But I was wondering how they try to take yours, so I joined.</p> <p>Long story short:</p> <p>They take your $ by setting up fake exchanges (<a href="https://bit-tokens.com">bit-tokens.com</a> in this case, added for searchability). They give you the whole spiel about pump and dumps, link you to a Youtube video about how it supposedly works. The deposit you make to the "exchange" will go directly to the wallets of the scammers.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TheDankestEngine"> /u/TheDankestEngine </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/vmjr7y/what_happens_when_you_join_a_discord_pump_n_dump/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/vmjr7y/what_happens_when_you_join_a_discord_pump_n_dump/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Ever got a DM that invited you to a Pump and Dump group?</p> <p>It should be clear for most people that no one is giving out free money. But I was wondering how they try to take yours, so I joined.</p> <p>Long story short:</p> <p>They take your $ by setting up fake exchanges (<a href="https://bit-tokens.com">bit-tokens.com</a> in this case, added for searchability). They give you the whole spiel about pump and dumps, link you to a Youtube video about how it supposedly works. The deposit you make to the "exchange" will go directly to the wallets of the scammers.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TheDankestEngine"> /u/TheDankestEngine </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/vmjr7y/what_happens_when_you_join_a_discord_pump_n_dump/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/vmjr7y/what_happens_when_you_join_a_discord_pump_n_dump/">[comments]</a></span>