Post
Topic
Board Economics
Re: Crypto Scams are a global issue
by
Shimmiry
on 18/11/2019, 12:42:21 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/

Today, in the world of technology, we are now adopting the use of cryptocurrency because it is more efficient and profitable than the use of real money. Still, today, the cryptos are just a digital wallet that saved over the cloud keep, and by this, it can be prone to hackers. Again, to those who are not knowledgeable enough for doing this, they are trying to scam. This process usually experiences by the people who are newbie or starting in the world of cryptocurrency. To avoid this problem, it is better to don't those other people that pretend they can help you, but they have an intention to scam and get your trust to give your information and money.