Post
Topic
Board Altcoin Discussion
Re: Crypto Crime is getting Worse, what do we do?
by
Meowth05
on 07/02/2020, 14:07:51 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?
Just like what you have said there's a big portion of disposses has been happened in exchanges therefore, I think the best solution is to never leave your funds in the platform but rather take it our ands save it on your own personal wallet.  And to reduce the risk exposure of your funds, make sure that you keys, passphrase and password keep in the safe place, diversify your bankroll would be a better option as well.