Post
Topic
Board Altcoin Discussion
Re: Scammers favorite tools
by
Denreal
on 17/07/2020, 21:34:38 UTC
I bet on scammer's next favorite tools is going for DeFi project since they're trending right now.
I agree with you. DeFi project seems the next potential tool to use by scammers effectively. Well, one of the ways to scam people effectively is by using what the most favorite ones currently. We must know that nowadays, most scammers prefer to use IEOs on small or unpopular exchanges to attract people than using ICOs. As most investors don't trust again in ICOs, scammers rarely used ICOs to trap people anymore. We must realize that scammers are always following the current trends in crypto to get the victims, so be more careful guys!!

Yes IEOs could be one of their tools, but they can't be accepted on bigger exchanges and they cannot venture into approaching such exchanges, because thorough research will be done, such as the IEOs on Binance, Gate.io and other bigger exchanges in the space. They most times prefer exchanges like p2pb2b, latoken and the likes, because they are birds of same feathers.