# Zerodha's Nithin Kamath warns against WhatsApp stock tips

> Zerodha co-founder Nithin Kamath warns WhatsApp stock tips could increase as market cycle advances.
- Title: Zerodha's Nithin Kamath warns against WhatsApp stock tips
- Summary: Zerodha co-founder Nithin Kamath warns WhatsApp stock tips could increase as market cycle advances. Zerodha co-founder Nithin Kamath advises investors to…
- Keywords: zerodha, nithin kamath, whatsapp, stock tips, pump and dump, chatgpt, stock market, enforcement directorate, money, business, Zerodha's, Nithin
- Source: mint — https://livemint.com/market/stock-market-news/got-stock-tips-on-whatsapp-zerodhas-nithin-kamath-warns-against-pump-and-dump-schemes-advises-asking-chatgpt-11792578165904.html
- Author: Pranati Deva
- Published: 2026-10-21T11:27:20+00:00
- Read time: 1 min
- Topics: zerodha, nithin kamath, whatsapp, stock tips, pump and dump, chatgpt, stock market, enforcement directorate, money, business
## Zerodha co-founder warns about stock tips
Zerodha co-founder Nithin Kamath warns WhatsApp stock tips could increase as market cycle advances.

> It's crazy that even in 2026, people still fall for stock tips on whatsapp, telegram, sms, and social media
## ED freezes ₹200 crore in pump-and-dump
The Enforcement Directorate reportedly froze trading accounts holding around ₹ 200 crore in an alleged pump-and-dump operation.
## Kamath urges AI verification
Kamath advises investors to use ChatGPT to question suspicious stock tips before committing money.

> So the next time you get a message promising easy money, just ask claude or chatgpt whether it's a good idea
## Pump-and-dump scheme risks
Promoters create artificial excitement to push stock prices before selling at inflated prices.
## Investor safety tips
Check company disclosures, financial performance, and avoid guaranteed returns or immediate pressure to buy.
## Kamath's warning on social media
Kamath warns social media influencers promoting stocks and IPOs could increase pump-and-dump activity.

> Given how late in the cycle we are, these instances are only going to increase
## Market cycle timing
Kamath says pump-and-dump schemes are likely to rise as the market cycle progresses.
## Investor caution needed
Investors should be wary of tips promising unusually high returns with little or no risk.
## Key takeaway

Zerodha co-founder Nithin Kamath advises investors to verify stock tips on WhatsApp and use AI tools like ChatGPT to avoid pump-and-dump schemes.