Careful, Frauds!

in #cryptocurrency7 years ago (edited)

Many positive features of the blockchain are accompanied by a high risk of fraud, since if you pay with bitcoin and it gets lost, there is no organization you can got to for help.

This blog will tell you about the most widely distributed fraud schemes.

Ponzi schemes: Ponzi schemes are abnormally high income investment opportunities, that take your attention by higher income promises than the real market returns (for example 1-2% per day). But in reality, they take your money to themselves. Scammers often change names to protect themselves. Stay away from companies who directly give you their address keys for transferring money instead of connecting you with BitPay or Coinbase. In case of such fraud, the users actually receive 1-2% of the daily return on investment. When the swindlers collect enough money, they will disappear and you can not see your money again. And no one can find your money.

Thanks for looking in,

@crypto-z / www.cryptoz.ge

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