News about Scams

by COINS NEWS - 10 months ago

What is most disappointing to me that all this action by regulators does little to nothing to solve/stop real scams and crimes like money laundering in the space. Why do people like Coffezilla seem to be doing the real important part of their job.

I don't think I need to explain the current situation. But looking over all the action taken by all the regulators, it is very disappointing to me that almost none of it stops the real scams and criminals in the space. Almost everything that was...

by COINS NEWS - 10 months ago

$37.5 Million lost to scams, not hacks, just in May alone. Meaning the majority of losses is the result of people being too greedy. This is a friendly reminder to check your ego and don't be greedy, which solves quite a lot of issues you will face in cryp

Crypto research firm De.fi has a REKT data base where they catalog the losses in crypto due to scams as well as hacks. Their REKT database for May showed losses of 37.5 Million for May due to scams alone. The number includes things like rugpulls, tok...

by COINS NEWS - 10 months ago

Reddit is promoting crypto scams

I was just scrolling through my Reddit homepage and I see an ad "Claim $500 in Pepe". I saw the ad several times after that but here is a screenshot of the ad: https://preview.redd.it/tgyrv4q58u3b1.png?width=540&format=png&aut...

by COINS NEWS - 10 months ago

One of the advantages of blockchain is that we can roughly calculate how much money went into scams involving cryptocurrencies, because everything is on the public blockchain. Can the same be said for taxe evasion, bribery, corruption, drug trafficking, a

"Law regulators" around the world together with their governments keep trying to make crypto weaker or to ban it from their country forever. They say it is used for scams, drug trafficking etc. Because nature of crypto is dezentralization,...

by COINS NEWS - 10 months ago

One of the advantages of blockchain is that we can roughly calculate how much money went into scams involving cryptocurrencies, because everything is on the public blockchain. Can the same be said for taxe evasion, bribery, corruption, drug trafficking, a

"Law regulators" around the world together with their governments keep trying to make crypto weaker or to ban it from their country forever. They say it is used for scams, drug trafficking etc. Because nature of crypto is dezentralization,...

by COINS NEWS - 10 months ago

One of the advantages of blockchain is that we can roughly calculate how much money went into scams involving cryptocurrencies, because everything is on the public blockchain. Can the same be said for taxe evasion, bribery, corruption, drug trafficking, a

"Law regulators" around the world together with their governments keep trying to make crypto weaker or to ban it from their country forever. They say it is used for scams, drug trafficking etc. Because nature of crypto is dezentralization,...