Quote from: Ranly123 on May 03, 2019, 09:23:13 AM

Quote from: akeegan on May 02, 2019, 11:39:39 PM

Now that crypto is allowing us to transact globally I am questioning if we are going to start to see more scams happen between countries. Do we need more compliance companies to step in to help major scams and illegal trafficking?

Full report: https://ciphertrace.com/articles/q1-2019-cryptocurrency-anti-money-laundering-report/

It is indeed an issue not only in cryptocurrency but in the whole blockchain technology. Scams are everywhere so the best way to minimize being victimized is to be vigilant and refrain from logging in to phishing sites.

Scams not only occur in blockchain technology and in cryptocurrency. It happens in any part of the world because everyone is vulnerable about being scammed. Let's just accept that we can't avoid being scammed, but we can minimize and prevent being a victim.

For me, I try to become more strict about the security of my account, based on my transactions. I do not make a transaction with someone who has a hidden identity or in short, anonymous. Also seeking information about how to avoid scammers can also help you to have a safe and secured cryptocurrency.

Always be alert in your account because many people nowadays are working hard just to fool people with their bad doings.