It is confusing and also depends on your definition of fake. The case of mine is not made by Sea-gull (that makes the movement) but clearly, they have no issue selling movements to this manufacturer.
Honestly, Jody from Just One More Watch has the best video I have encountered on the topic.
https://youtu.be/wSixONUt6-M?si=gE_jazo2jkIDOTe3
Hope it helps!
I have bought an average of one Swatch a year since I was a teenager. I believe I am still a Swatch person before I am a watch person. But don't tell anyone 🤫
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