14 people have been detained in Taiwan for defrauding over 100 cryptocurrency investors out of a total of $5 million. A $119 million dogecoin mining scheme is reportedly being investigated by Turkish investigators. The masterminds of a $55 million cryptocurrency scam have been
Crypto is a very free space. They do what they want. There are also many beautiful works of art in it, functional units are also coming out, fraudulent thieves are also coming out.
This is very normal. Actually, it shouldn't be, but it's happening. My opinion on this issue is that everyone should learn to defend themselves. Everyone should protect themselves.
These people are multiplying as the market is falling. I'm starting to see the market as it falls, give me 0.1 Btc 1 month later, we'll give you 1 btc...
Especially when people lose money during downturns, they fall into such traps more often. People should be careful. you don't get rich in 1 day. Risk management should be done. Otherwise, scammers earn more money...
People and media focuses mostly on the scams of crypto more than the crypto itself. They don't want to learn about how the system works and what it aims to do, yet they are only asking if crypto is safe.
Crypto scams are no different than real life scams, and mostly ignorant people get ensnared by fraud. If you are eager to learn, thinking logical and watching your steps carefully most of the time you will not be even nearer to get scammed.
Moreover, I think these kind of news attract more users to the networks. These are definitely bad news, but in this aspect such news can be guidance to new people and draw people on.
There is corruption and distrust in all industries. I tend to agree there is a magnifying glass on crypto as if it's somehow worse than other markets. I do not have the detailed analysis, but the surface view feels it's the same as any other field that is not already targeted with distrust as represented here. Excellent article.
If criminals are being exposed and prosecuted, I see no harm. It's actually better because it gives me a sense of security that measures are being taken to stop these scammers and protect investors.
Unfortunately, it is possible to encounter such bad events wherever there are people. I think and hope we will see less of these events as crypto becomes more mainstream. Thanks for the article.
Someone entering the market, of course, must take their own precautions.
Responsibility lies entirely with the person. Of course, there are hacking situations on stock exchanges.
But if someone does not trust the stock exchange, he can transfer it to his own wallet. And from there, he's completely in charge.
He should keep his safety words. It should not leave it open externally. Of course, being scammed is a very bad thing.
I hope no one gets scammed.
But only hope is not enough. Measure should be taken.
Thanks for the article.
Have a nice day.
It's really sad that a person's work is stolen so easily.
In addition, situations like this affect the stock market badly. I hope exchanges can prevent fraud.
Crypto is a very free space. They do what they want. There are also many beautiful works of art in it, functional units are also coming out, fraudulent thieves are also coming out.
This is very normal. Actually, it shouldn't be, but it's happening. My opinion on this issue is that everyone should learn to defend themselves. Everyone should protect themselves.
These people are multiplying as the market is falling. I'm starting to see the market as it falls, give me 0.1 Btc 1 month later, we'll give you 1 btc...
Especially when people lose money during downturns, they fall into such traps more often. People should be careful. you don't get rich in 1 day. Risk management should be done. Otherwise, scammers earn more money...
People and media focuses mostly on the scams of crypto more than the crypto itself. They don't want to learn about how the system works and what it aims to do, yet they are only asking if crypto is safe.
Crypto scams are no different than real life scams, and mostly ignorant people get ensnared by fraud. If you are eager to learn, thinking logical and watching your steps carefully most of the time you will not be even nearer to get scammed.
Moreover, I think these kind of news attract more users to the networks. These are definitely bad news, but in this aspect such news can be guidance to new people and draw people on.
There is corruption and distrust in all industries. I tend to agree there is a magnifying glass on crypto as if it's somehow worse than other markets. I do not have the detailed analysis, but the surface view feels it's the same as any other field that is not already targeted with distrust as represented here. Excellent article.
If criminals are being exposed and prosecuted, I see no harm. It's actually better because it gives me a sense of security that measures are being taken to stop these scammers and protect investors.
Transparency always a good thing.
Unfortunately, it is possible to encounter such bad events wherever there are people. I think and hope we will see less of these events as crypto becomes more mainstream. Thanks for the article.