Cointelegraph's latest video explores the risks of seeking financial advice on X (formerly Twitter), a prevalent hub for the crypto community. The video highlights how influencer manipulation has led to significant financial losses for investors. It features interviews with crypto influencers and industry experts, revealing how some accounts engage in 'pump-and-dump' schemes by promoting tokens to inflate prices before selling off, leaving regular investors with devalued assets. Experts stress that influencers often build emotional connections with their followers, creating a facade of trust that encourages risky investments without proper research. A key issue discussed is the lack of transparency among influencers, many of whom do not disclose conflicts of interest, thus deceiving their audience into believing they provide legitimate and unbiased advice. To navigate these risks, viewers are encouraged to be vigilant when considering advice from Crypto Twitter.

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