'Fraud Technical Support' by the FBI Internet Crime Compaint Center (IC3) the agency released a public notice regarding the increase in fraudulent activity. By 2017, they receive 11,000 complaints with a total loss of $ 15 Million.
IC3 notes that criminals act as security, customers, or technical support representatives who offer to resolve the issue. And when contact is formed, they go to their plan.
From my own opinion Decentralization is associated with cryptos and because of this decentralization Bad people is using this to launch and fraudulent activities in the shed? until this time that some countries and governments are trying to show some ligth on the shed this fraudulent act is halted for a mean time but not totally rid off for me regulation is needed the most to prevent this fraud to happen just like doing ICO's and the identity of those developers and team is not revealed its a* red flag already dont just Invest think first before you do any transaction with money Involved because money is hot. at the end of the day Youll be the one to lose because of your own recklessness.