Hello, I noticed this trading community popped out of nowhere. It comes off as very, very fake to me (the first sign is the theme of discussing trading stocks at ALL in lemmy.ml).

All of the accounts below posing as people seemingly interested in trading have been created on the same day (Jan 03):

Using reverse image search on one of their pfps results in multiple images (not showing it here since it shows other people that look similar but are not tied to the same persona).

The upvotes are obviously forged because the number of Jan 3rd accounts match the number of upvotes.

Lastly, there’s a link to their telegram. I haven’t gotten into it yet but that is for SURE a red flag, it’s a common tactic to create separate communities in different platforms only to lure unsuspecting people into a telegam/etc… community.

Do I really need to say any more?

  • Salamander@mander.xyz
    51·
    3 years ago

    I don’t personally see anything wrong with discussing stocks or trading in lemmy. However, the “SIGNAL UPDATE” post shows that this might be pump-and-dump group.

    Hello guys we will be dropping a trading signal on US30 in six hours. Please be ready

    I think that they might have been banned from their previous community because pump-and-dump schemes are sketchy, so they have re-grouped in lemmy. Usually the “whales” in these schemes have a good chance of profiting and the little fish are playing a lottery highly biased against them, so I think that calling this a scam is fair.

    I don’t see this specific issue addressed by lemmy’s CoC. Maybe the clause stating that this should be a ‘safe’ environment for all could be used to argue against pump and dump?

    • uberstarOP
      7·
      3 years ago

      I don’t personally see anything wrong with discussing stocks or trading in lemmy.

      Me neither, but stock trading discussed in the way that community does in this lemmy instance is very sus, imo.