Post
Topic
Board Economics
Re: Crypto Scams are a global issue
by
panganib999
on 30/10/2019, 14:06:45 UTC
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/
Scams are really getting serious as its rate grow bigger and bigger. But when it comes to crypto scams, it doesn't really concerns the government of most countries for most of them aren't into supporting cryptocurrency, relying into compliance companies isn't of any convenience for it might cost us more, nothing is free. It is our responsibility to make sure that we aren't getting ourselves into scams for scams aren't controllable and not easy to get rid of. Also there aren't that much scams when it comes to crypto, it's not the cryptocurrency that is a scam but those people makes scam and is just using crypto to earn something out of their schemes.