Quote from: Leh-Meh on June 05, 2019, 06:33:20 AM

Quote from: graylexstamit on June 05, 2019, 05:34:02 AM

The fact that really amazes me is how such a low rank (sorry, no offense) country is able to become one of the leading countrues of cryptocurrency using whereas such big countries like Russia, US are doing nothing, except issuing the regulations and taking taxes for crypto using. Ofc there are lot of scam, and a lot of are recovered but the problem is not even that there are a lot of them, but that the government looks at these cases and, in general, with distrust even refers to the blockchain technologies themselves, which in fact do no evil to anyone. People must separate cause and effect. A blockchain is not the cause of fraud. It occurs when general market rules are not created.

The biggest scam for Bitcoin ($14 billion) is from Indian who was owner of bitconnect.com so Indian police will do the job. Actually India is known for the biggest scams in the world.

Indian Billionaire scammer "Nirav Modi" was standing next to PM Narendra Modi in Davos summit. The picture was shown on TV.

14 billion are you serious?Then that would a one of the biggest bitcoin scam in world.I'm not sure what will be the punishment they will gave for that.Bitconnect looted and stop services.Their ICO gathered 2.4 billion.Now they are looting