News about Scams

Cryptocoins Exchanges / Binance - 2 years ago

One of the few "non-scams" here???

Relatively new to this subreddit but god damn is it full of scams. How do the mods let this pass? Feels like there are new scams every day in the industry. Lack of oversight from places like this is a major contributor. It makes it so much easier...

by COINS NEWS - 2 years ago

Recent Crypto Scams/Rug Pulls?

Rug pulls are a lucrative scam in which a crypto developer promotes a new project/token to investors, and then disappears with the money. The most epic one on record is OneCoin which rugged $4B. The most recent/ noteworthy one in my opinion is Squid...

by COINS NEWS - 2 years ago

I’m Jennifer Morin Compliance Officer at CoinSmart, a crypto trading platform in Toronto. We are fully regulated and were granted restricted dealer registration with the OSC—AMA about fraud prevention and crypto scams.

Hi everyone, I am excited to be here engaging with this amazing r/CryptoCurrency community! To give you a quick run-down CoinSmart is a crypto trading platform based in Toronto, Canada, I have worked in the finance industry for the last 13 years befo...

by COINS NEWS - 2 years ago

Politicians keep pointing to crypto scams as a major reason to ban/oppose crypto. Crypto scammers around the world cost users a total of $14 billion. While just Americans alone lost $29.8 Billion to phone scams. So what gives? Is this blind hate or do the

Came across these numbers while digging around as part of another conversation. Both of the following articles are taken from the same site (CNBC) for consistency's sake Scammers around the world took home a record $14 billion in cryptocurrency i...

by COINS NEWS - 2 years ago

Politicians keep pointing to crypto scams as a major reason to ban/oppose crypto. Crypto scammers around the world cost users a total of $14 billion. While just Americans alone lost $29.8 Billion to phone scams. So what gives? Is this blind hate or do the

Came across these numbers while digging around as part of another conversation. Both of the following articles are taken from the same site (CNBC) for consistency's sake Scammers around the world took home a record $14 billion in cryptocurrency i...

by COINS NEWS - 2 years ago

Politicians keep pointing to crypto scams as a major reason to ban/oppose crypto. Crypto scammers around the world cost users a total of $14 billion. While just Americans alone lost $29.8 Billion to phone scams. So what gives? Is this blind hate or do the

Came across these numbers while digging around as part of another conversation. Both of the following articles are taken from the same site (CNBC) for consistency's sake Scammers around the world took home a record $14 billion in cryptocurrency i...