You’re probably wondering what this Discord group is for. In a nutshell, Crypto Invest Pump Discord group was formed to help push the price of cryptocurrencies higher.
How can they manipulate the price of cryptocurrencies?
The community works together to purchase, spread news, and sell. In a matter of minutes, this raises the price of a cryptocurrency.
It sounds too good to be true? It’s genuine.
They suggest that new members watch a few pumps and only join the theme after they feel confident.
Here’s a video that shows how a pump works:
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Sam Smith –
It’s a scam. They ask you to deposit to a fake exchange named rendocoin, which the admin owns. Since the exchange is fake, they can recommend a coin to by *before* it pumps. Since they own rendocoin, they then simply alter the price of the coin during the pump to make it look like their service works.
However, when you try to withdraw your money from the fake exchange, there is no way to do it. They tell you that withdrawals are allowed only after depositing more funds.
Scamhunter –
Fake exchange scam run by Vladimir Guk from Tomsk. Check careful where u send ur crypto!