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Re: YOBIT SCAMMERS: Here Is The Email Bait Used For Scamming Users
by
JollyGood
on 08/08/2020, 12:46:20 UTC
That is where they must be making the bulk of their funds from the pumping and dumping ICO trash coins. I wonder how much trade they are doing on a 24 hour basis on the actual exchange part of their business.


It is very sad to see Yobit still scamming. That website should have been closed a long time ago. They must have made many tens of millions of USD$ from victims.

it is because they still have no KYC process and the more other exchanges push for KYC and other restrictions the more people are pushed towards shitty exchanges like Yobit so they can remain afloat and continue scamming. most of their revenue is from pump and dumping shitcoins rather than directly scamming their users so the number of direct victims is low which is why people keep going back.