Post
Topic
Board Altcoin Discussion
Re: Crypto Crime is getting Worse, what do we do?
by
mammoniter
on 01/07/2019, 04:44:07 UTC
https://news.yahoo.com/cryptocurrency-thefts-fraud-hit-1-211446327.html

In Q1 alone of 2019 there was $356m in theft of digital currencies from exchanges and scams while losses from fraud hit 851m. This number includes the QuadrigaX scam which accounts to about $134m in total losses.

What can we do to help stop these from happening and getting worse?

That is a very sad news to hear. Anyway, cryptocurrency will always be accompanied by those crimes and we can't stop them but we can minimize them. There are many investments schemes that involves crypto and those schemes are very prone to hacking and scamming. All we can do is to be more careful and vigilant about our decision. Make sure you know what you are doing and always do the necessary precations.