Imtiaz Gul
@jadoon007
### Bot-Driven Wash Trading: A Deceptive Tactic in Exit Scams Scammers have increasingly used bot-driven wash trading as a deceptive tactic to manipulate trading volumes and mislead investors. By creating new ERC-20 tokens and adding liquidity, they use multi-send platforms like Disperse.app and CoinTool to distribute tokens across multiple wallets, creating an illusion of real trading activity. This artificial volume triggers automated posts on platforms like X and Telegram, falsely portraying the token as popular and legitimate. As unsuspecting investors buy in, scammers execute a rug pull by withdrawing all liquidity, leaving investors with worthless tokens. Beyond scamming retail investors, this tactic also serves as a method for money laundering, allowing scammers to cycle funds through multiple tokens and wallets to obscure their origins. Given the evolving nature of these schemes, staying informed and vigilant is crucial to avoiding such financial traps.
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