why is bitcoin a scam

Last Updated on November 1, 2023 by Paganoto

What To Know About Cryptocurrency and Scams

What To Know About Cryptocurrency and Scams

Scammers impersonate new or established businesses offering fraudulent crypto coins or tokens. They’ll say the company is entering the crypto world by issuing …

9 common cryptocurrency scams in 2022 – TechTarget

9 common cryptocurrency scams in 2022 – TechTarget

Cryptocurrency scams are rising, and thieves are using new and old techniques to steal money. Some of the latest scams involve rug pulls, Ponzi …

Business is booming for crypto scammers – Vox

Business is booming for crypto scammers – Vox

Crypto already has a not-great reputation as a playground for illegal purchases, hacker ransoms, and money laundering. Its increasing role in …

Beware of Cryptocurrency Scams – Investopedia

Beware of Cryptocurrency Scams – Investopedia

Within the context of the cryptocurrency industry, phishing scams target information pertaining to online wallets. Specifically, scammers are interested in …

Why Cryptocurrency Is A Giant Fraud – Current Affairs

Why Cryptocurrency Is A Giant Fraud – Current Affairs

This creates higher fraud risk for merchants, which can lead to higher fees for using credit cards. Bitcoin is private. When paying with bitcoin …

Watch Out For These 4 Bitcoin Scams – Forbes

Watch Out For These 4 Bitcoin Scams – Forbes

If you suspect that you’ve been the target of a crypto scam, file a report with the FTC. When you share information about Bitcoin scams, it can …

Bitcoin Leads Crypto Fraud As FTC Confirms $1 Billion …

Bitcoin Leads Crypto Fraud As FTC Confirms $1 Billion …

Over 46,000 people have lost money in crypto fraud since the beginning of 2021 making it the leading source of payment scams. Bitcoin made up 70 …

Cryptocurrency Is a Giant Ponzi Scheme – Jacobin

Cryptocurrency Is a Giant Ponzi Scheme – Jacobin

Cryptocurrency is not merely a bad investment or speculative bubble. It’s worse than that: it’s a full-on fraud. Tether prices listed on the …