Do you know someone who got scammed in a Crypto fraud business? This report surely worth your time reading, assuming that scammers are not slowing down their intervention on Crypto space and will continue to get sophisticated, use advanced techniques to steal money from their victims, is time to enter in their world and learn something about to not fall and be alert in case they try any approach.
The crypto watchdog whale alert who monitor and tweet about large and suspicious transactions of Cryptocurrency, published a report showing that scammers have siphoned 24 millions in Bitcoin from their victims in the first 6 months of 2020. The report was conducted using their new blockchain tracking tool scam-alert using data from reports collected and analyzed also Bitcoin addresses provided, and concluded that "Crypto crime pays".
Scammers have stolen more than $36 millions in the past 4 years from their victims, all that in Bitcoin and that using tricks to lure and impersonate people, according to the report that sum exclude ponzi schemes, and by the end of 2020 may reach 50 million in loses to victims who fall in their scams. Their intents are well rewarded and this criminals are even more stronger than even, they don't fear anyone, to reach their objectives use sophisticated techniques, one of them is to use famous personalities on the crypto sphere, such Elon Musk, and this giveaways have trapped people to lose millions of dollar on them!
Criminals who do this kind of job, are fearless, they will continue their task to steal peoples money, if the crypto community doesn't stop to combat this kind of " harm" people may be afraid to join the movement due to their intervention on it.
It's necessary some plans to fight back this guys, their have no fear to get caught, and to become sophisticated they may turn their scams into professional area. In long run this people will cause more harm than the authorities could do in arrest them, or end a scam business.
Time to step in to this and learn how to defend yourself and teach others to protect on Crypto space, anyone can fall in a scam business, no one is safe until decide to stay alert and learn, learn and learn about fraudulent schemes.
Take care and don't get deceived.
That is a huge amount 😲 to be stolen, we need to lookout for scams they are dangerous and stole your money.