- cross-posted to:
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- cross-posted to:
- [email protected]
Multi-trillion-dollar stock market swings on Monday appear to have been set off by false reports on Elon Musk’s X. Experts say the episode highlights the social media site’s enduring relevance, even as it helps amplify falsehoods.
How did it happen?
It was a pump-and-dump scam, I’m almost sure of it.
Someone made millions off of that Xeet.
I prefer to call them Xcrements
Xat
consider that profiting off volitility and lazyness is generally a good strategy.