Scammers are getting away with billions of dollars, and unfortunately, it seems like people are making it easy for them. In 2021 alone, scammers stole $14 billion USD worth of cryptocurrency, breaking an all-time record. People’s interest in this kind of currency has encouraged sophisticated criminals to create new schemes. The high-tech nature of Bitcoin […]
The surge in popularity of Bitcoin and crypto currency and blockchain technology has recently opened the doors to unprecedented scams, especially through social media. According to the U.K. fraud and cybercrime reporting agency Action Fraud, British citizens have lost over £146 million to cryptocurrency scams so far in 2021. This means that the losses in […]
Bitcoin has become one of the preferred currencies for some investors and business people, but unfortunately it is also popular among criminals and scammers. The appeals to use bitcoin are several: it has reached billions of dollars in market capitalization, it is hardly regularized, is very discreet, and in some countries is not subject to […]
Cryptocurrencies are lightly regulated and can be complicated and confusing even for experienced investors. As an investment, cryptocurrencies offer new and attractive opportunities, but not without a serious risk. The lack of regulation also makes it a perfect currency for scammers and criminals. Bitcoin started circulating in 2009 and it´s considered the leading digital currency. […]
