As
I found this group on telegram about a year ago that claims to pump and dump BTC,
It isn't a large botted group, it has legit members but it is relatively small compared to other crypto pump and dump groups,
I was able to verify that they do indeed send the signals before but it just seems to good to be true,
I would try it out but it is 984.62 US Dollar which is .011 BTC and I can't get scammed out of that amount!
is there something I am missing??
Remind me stories from previous bullrun.
It was 2021-2022 and scammers came up with a clever trick involving fake groups called "Whale Investors" or "Market Manipulator Whales." Here’s how the scheme worked:
They created these groups and pretended to have big funds to invest, сreate polls asking, "Which token should we invest $100K in?" For such pools choose newly trending or fast-growing tokens .
Then they acted as normal users and joined token community chats, posting things like, "Let’s vote so these whales can invest in us!"
Many project owners didn't see the trap and shared these polls in their communities. But there was a catch: you could only vote if you joined the scammers' channel. This way, they stole audiences and grew their channel quickly.
After gathering all this attention, they would pick some of the voted tokens and claim, "We chose these tokens, and their value grew up to $10 million." At this point, depending on how bold or greedy they were, the scammers would take different steps:
1. They’d announce, "We’re tired of pumping other people's projects. We’re launching our own token, and you get an exclusive chance to invest."
2. They’d say, "Our future investments will only be shared in a private group, and entry costs $100-$1,000."
