I was watching a video about some guys at something called Atlas Trading, which recently got busted for running a series of pump and dump scams through their online community, primarily their discord server.
My question is this: how common are these groups and what should people look out for? I mean, it seems like if you're following some douchebags flashing gold watches and peddling penny stocks that yeah, if you follow their advice then you're an idiot. But then I read that these guys had like 250,000 people in their discord at one point? That's a lot of idiots and so it stands to reason that they pulled in some fairly smart people as well.
And the thing is I'm guessing that a lot of these groups exist but probably aren't anywhere near as loud and obvious about it. But if someone was running some sort of community and was marketing themselves as more serious and professional, and maybe was in their late 30's, 40's, or 50's, I could see myself getting taken in. Sometimes the sucker at the table is you.
Submitted February 13, 2023 at 07:22PM by gls2220 https://ift.tt/Om1WdKn
