Quote from: gwaposakon on February 06, 2020, 01:24:15 PM

Quote from: jdarren on April 30, 2019, 10:05:08 PM

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?

I think crypto crime continues to exist because scammers know that they have lots of victims that they can deceive. Educating ourselves about the crypto industry and how it works I think is the best way to help ourselves avoid these scams. Always stay alert and don't get persuaded in joining investments that promises you super big returns. Researching the project is very important.

I think crypto crime will continue exist, as long cryptocurrency exist because since there are still a lot of people who don't know anything about bitcoin or cryptocurrencies and blockchain technology, it will be easier for scammers to trick them and to steal their money by forcing them to invest their money in their dirty schemes.