Scams of cryptocurrency may work

by Hania ahmed

Millions of cryptocurrency investors have been scandalized. In 2018, cryptocurrency crime losses were 1.7 billion. Criminals used to separate old and new technologies called blockchain. A form of digital currency that can be exchanged through an online database.

As a result of my research on blockchain, cryptocurrency and cybercrime, some of these scammers have relied on real tests and Ponzi software, which initially pays investors from a new partner.

Others use highly automated and innovative processes, including automated telegram-powered software, a popular instant messaging system for those interested in online cryptocurrency. Even if the cryptocurrency project is legal, scammers can adjust market prices.

This raises another important question: How do sitting investors get involved in cryptocurrency scams?

Some crypto manufacturers are offering big rewards by attracting public greed. For example, anonymous business people running SchemeBoot Eye Center, which is a ponzi program for bitcoin and letscoin, did not provide information on investment strategies. However, the investor contract earns 1.2% per day.

The Center project is being implemented through telecom group interviews. Let’s start with a little grouping of wood handlers. They have received reference codes shared with others on blogs and social media and are awaiting interview. When they get there, newcomers will see the same message of encouragement and confidence through these chatters. Some newcomers decide to invest in a private bitcoin wallet that they can deposit. They agreed to wait 99 or 120 days for a significant return. Important

During this time, newcomers use social media to share references with their friends and acquaintances, and allow more and more people to participate in group conversations and investment projects. There is no real fund investment in any legal work, but when newcomers join the owners, they receive one percent of the new capital and continue to deal with individual investors. At each stage, new participants were paid first.

Some members in particular are working hard to make new money, post videos and photos of this lesson to get caught up in the money making scandal.

Some scams target scams. The scandal is cryptocurrency, ignoring ŕąōßŔĄōĪ 3.8 billion in investments that people think is over.

Other scams depend on the influence or personal information of the potential victim. Fraudsters around the world are using price changes on various cryptocurrency exchanges, which they call arbitrage – they only buy cheap and sell at high prices. In fact, they only received investors’ money.

Telegram also uses global trading bots – merchants can send balanced inquiries and receive responses to incorrect account information. The hourly rate also increased by 1%. With this twist, who can blame people for sharing this project with friends and family on social media? Once the project starts, it will at least survive on social media. People promise to make money by investing in cryptocurrencies and pass it on to their friends and family.

Sometimes big names come up. In India, for example, in the wake of the Gain Bitcoin and other scams, King Pan persuaded many Bollywood celebrities to promote their credo currency for Bergen. He is trying to make a name for himself when he wants to spend “2.2 billion on” digital currency “and about 76 76,769 million for investors.

Not all celebrities know they joined the blog post. Accenter has released a video in support of iconic Dwayne “The Rock” Johnson. The initial coin offering is another important tool for cryptocurrency companies to legalize the opportunity to invest in another fraudulent method. Attempts to raise money from potential customers: Send cryptocurrencies instead. New cryptocurrencies for consumers to buy active applications such as Bitcoin and Ethereum

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