Hello to all and all today I will tell you about the pump groups that are generally found on Telegram see Facebook.
What is a pump?
The trick for fraudsters is first to buy a certain amount of stock, or a dying cryptos then by spam taking the form of a purchase recommendation to arouse interest in the stock for the purpose of To artificially inflate the price (pump) and, subsequently, once it reaches the desired threshold to quickly liquidate the portfolio (dump) and to collect the margin. Obviously, the bulk sale of the fraudsters portfolio is collapsing the stock and investors who have bitten the scam are suffering losses.
Who can benefit from the pump?
The only winners in the pump are the organizers.
Conclusion
Ignore all the enticing ads about the pump you will lose.