this post was submitted on 07 Jul 2024
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[–] Alphane_Moon@lemmy.world 1 points 1 month ago

Only read the intro before the paywall kicked in, this should be called "pump and dump boot camp" with a subtitle "learn how to execute legal fraud with a crypto ruse".

All these "crypto startups" exist to allow aspiring scammers and organized criminal groups like A16Z to run legal pump and dumps. They do some hype promotion to attract marks (web3 enabled plungers!!!!), the scheme of course collapses, insiders get their money and a bunch of people are left with worthless tokens.