Bitcoin Forum

Regularly updated database of crypto frauds reported by real victims.
If you've witnessed or been the victim of crypto scam, please report it to CryptoScamAlert.com (http://CryptoScamAlert.com)

Really appreciate your opinion
Do you like the idea?
Do we need project like this?

It can be a good idea, but it looks like a personal blog about a possible scam. There we can find only someone's opinion about some projects.
For example:


Where is the evidence?
it is very easy to accuse someone, but accusations without clear evidence are just as bad as the scams themselves. (I am not going to defend any of scam projects, just trying to be real)
You need to add some rating system, now is so centralised. Everything depends on admin judgement and how to know that you will not remove someone from scam list if they pay you for delisting.

Maybe you can move this thread to the project development section, you will get a better discussion of improvement and development.

As I see it, that page lists almost only ICOs. To be honest, I don't know why people complain: when you "invest" (lol) in an ICO, you give away your money for nothing in return. You give developers (or "developers", depends) money to code (or not to code / to drive lambos, hooker, blow etc.) something. They – ideally – collect the money to program something which later turns out to be a good product.

The money was already gone when you "invested". There is no tie between them doing good work and the token going up. Other than that, it was not only the ETH shittokens which tanked in the past two years. The whole market went down and incurred similar losses wherever you look.

So, instead of shouting "scam", people should realize that greed blurred their judgement abilities and just move on. The money won't come back anyway.

If you are the victim of a crypto scam please report to Game Protect.

Game-Protect is well known scammer (https://bitcointalk.org/index.php?action=trust;u=874254).  He spams these gambling threads hoping to convince someone to pay him to get your losses back.  He'll waste a bunch of your time, and then try to convince you to send him 'court fees' and then ignore you.  Unless you call him a scammer and he has any info on you, then he'll dox you.

exactly! the site should have solid proofs of why a certain project is a scam. post snapshots or related links or any other reference materials that will verify their illegal activities.
if you will only give opinion of the one who submitted the report, i dont think that is a concrete reason to call them scammers. i have seen that most of the reasons is the declining price in exchanges and the investors couldnt get their original investments back. it is the investor himself that took the risk on investing a particular project so yes, they should know better. most of these projects decline once they hit the exchanges and been trading for weeks.
I, for myself, had invested in several ICO projects before but lost. i couldnt say those projects were scam just because they dont have value anymore. they failed in actual implementation, but they are real people trying to achieve their goals. but failed! so those are hard lessons for crypto users. ICO or IEO projects are the same. you are putting yourself at high risk at any crypto investment.

I'm not defending ICOs here, I'm putting the blame on "investors". I'd argue most actually aren't trying to achieve their "goals" and were actual scams. They sensed a money grab and people took the bait.

Just imagine this happened in reallife: some stranger approaches you on the street, tells you something about how his copypaste smart contract shittoken will change the world, you – totally excited – ask him for details on him, he shows you some badly AI generated team member "photos", you shout "shut up and take my money" and he disappears.

Personally, I'd be too ashamed to even tell the public about how I incurred that loss, because falling prey to this is stupid on so many levels. I'd book it under "lesson learned" (as I did with my iirc only ICO experience: backto.earth which cost me a lousy 0.2 BTC, which I wrote off right when I sent it) and just forget about it.


To provide some ontopic: such a website could be quite cool if it focused on the actual, interesting scams (which we had plenty of, here) instead of listing bad investments (for whatever reason), "substantiating" the accusation just with opinions (as you already mentioned). It doesn't matter if people incurred a 95% loss because the "developers" took the money and ran or because it was just a shitty investment in the first place.

Oh, and yeah: ignore Game-Protect. For the reasons Twitchy mentioned.