Re: How to prevent fraud?

I guess fraudulent is not preventable but you can minimize being a victim if you will be very vigilant in your actions towards your investments. Doing more research before engaging to something which includes money will reduce the chances of being a victim of fraudulence.

fraud I think it has become part of the crypto currency because there is no legal force that protects it so we ourselves must be able to choose which ones produce and which ones are fraudulent

indeed, until now the fraud has not been removed from crypto. because indeed until now there has been no law that enforces the fraud is removed, and for those who commit the fraud will be punished, all of which have not been made and have not been established by law. so it's difficult to avoid a fraud.

this happens because there are still many who have not legalized cryptocurrency, so the government has not been able to make laws governing it, so this is like being a land for fraudsters

I think not because of legalization, the amount of fraud and other crimes because there is no monitor from a third party that can stop crime in crypto.
if the police are in the government, so that crime can be suppressed. maybe crypto needs such thing ?

I agree, crypto need strong security that will closely scrutinize such cyber activities related to money itself. What's hot here was the amount of fiat money involved which was linked to crypto transformations that made other people to commit fraud activity. Some of them were criminal related to money laundering and drugs transacted globally using crypto money. They can easily use crypto as their payment method on transactions, which they though safe to withdraw cash money form end to end customer. However if there's new technology which will develop a new type of security that monitors any outgoing and incoming fiat to crypto transactions, this fraud activities will be eliminated as soon as possible.