On May 22nd, a crypto finance project called DeFi100 posted a message to its website: “We scammed you guys and you can’t do shit about it. HA HA. All you moon bois have been scammed and you can’t do shit about it.” Screenshots of the message immediately went viral on crypto Twitter (always anarchic, easily…
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Spain has not been a stranger to the popularity of cryptocurrencies, and with this popularity, also comes the attention of people and organizations wanting to capitalize on the subject. Spanish tribunals have been flooded lately with lawsuits involving cryptocurrency scams related to bitcoin and ethereum based platforms, and the people using these to scam other…
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The cryptocurrency hype is real. New numbers show how scammers are benefiting.Driving the news: Reported losses tied to crypto scams spiked 1,000% in the past year, the Federal Trade Commission said Monday. That includes over $2 million that people have sent to Elon Musk impersonators. (Yes, really.)Why it matters: Crypto trading has exploded alongside an…
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Reading Time: 5 minutesCryptocurrency scams are still as prevalent as they were in the years after Bitcoin’s creation Crypto scams come in all shapes and sizes We run through what we think are the five most important in crypto history What the rise of the cryptocurrency market has meant for the world should never be…
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COVID-19 has had a massive impact on the way we go about businesses, including a move towards a less cash-dependent society. As a result, cryptocurrencies have been growing in popularity, with coins such as Bitcoin trending on social media platforms and featuring in mainstream news as it rises in price. Like any investment though, you…
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