How to Spot Cryptocurrency Scams
Cryptocurrency are the easiest way to get rich, at least for con artists and crypto scam syndicates. Here’s proof how profitable scamming in the crypto space is:-
Hackers have stashed 980,000 bitcoins – roughly $15 to $18 billion – since 2011 by stealing from cryptocurrency exchanges, according to Reuters.
In April 2017, the founders of a blockchain startup orchestrated a Ponzi scheme which enabled them to pocket $350 million.
In January this year, Japanese cryptocurrency exchange outfit Coincheck reported that it had lost $530 million to thieves.
Cryptocurrency communities are an easy target for scammers for a number of reasons. For one, the bitcoin technology on which many cryptocurrency are based is fairly new..
Technologies take time to perfect, with the newer ones more susceptible to loopholes and security threats. Thus, it’s easy for unscrupulous individuals to take advantage of the newness of the technology and carry out their malicious intent......
Really a good post.
thank you
Hey bro thanx for sharing this valuable content. I upvote you and expecting the same as well.
done sir pls do so
ok sir thankx
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done sir
Nice information...
It's a helpful news....when I was new in crypto world...that time I am also going through a big scam...I was lost my lots of money that time...but I learnt from mistakes..thank for the information
True...