The SHADY side of the Crypto Industry

[dennisch123]

I just had this article written, which covers the Tether scam, as well as the fake news cartel that sites like CoinTelegraph, and CCN, among dozens of others are a part of.

On top of that I also included how the latest ICO scams are set up.

Hope you like it and feel free to share of course:

https://www.cryptonewsinc.com/the-shady-side-of-the-crypto-industry/

[coinages]

Peoples are earning profit from this crypto industry but the ugly truth is so many scam and frauds are available in this market. So before invest you need to careful about your project.

[CheeryPenguin]

It’s really a bad news. This type of hacking and scamming is making the market more polluted. For this reason people are hesitate in invest in here and also the haters of crypto take the advantage and spread more rumor about it.

[SoliDCoiNs777]

I partially agree with you. There are always some manipulation going around in this market. The incidence of 150 million Bitcoins being stolen from bitfinex was suspicious. Now when you put together all the matters,it all makes sense.

[pimondcrypto]

The news about Tether and the fake coin cartel were the most devastating news in the market till date. But still, this does not define the market. There are good things going on in the market too. We just need to see the bigger picture here.

[ysnbakara]

A beneficial sharing sister thanks. But whatever happens, it is not easy to get a profit without taking some risks. In fact, the names behind each progeny and the progeny have a dark face. We're late to see it all.

[dablatair]

Hello,

Unfortunately this is the bad side of the crypto world. As soon as you have money involved you will surely have people who wanted to earn more and more and earn by cheating and stealing from others because it is sometimes easier than working or be patient.

But I think that there is more and more improvment on security that will lead to purifiy the market and let ess and less place for scammers and cheaters. an dit is also a work for everybody to help by transmiting this kind of informations and advice new people into the market.

[rodskee]

Scammers, hackers, terrorist use bitcoin or crypto in bad ways
All of that example is a bad side news from the bitcoin or cryptocurrency
I will called the attention of all bitcoin ethusiasm specially the expert in information technology
Need to find the soulution how to avoid this all bad shady side of bitcoin to protect ourself from bad elements

[ribowo76]

If what was said was true, I think. That is something bad. But, has the situation been so bad? Or is it just a kind of disappointment, about the current market conditions?

[lazygin006]

To be honest do not trust anything apart from your own research. All these information on the internet can be made up by some random people and claims to be the truth. Also I would say only listen to a few youtubers' advice.

[Keeping Up]

Cryptocurrency's materialization has been a great venue for illegal doings even from the start.
Especially since perpetrators can always hide their identities through blockchain technology.
That is why it may be sad to say but it is a reality and we cant deny the fact that cryptocurrency can and will always be used for illegal acts.

[Plumbank]

The market has had its fair share of bitter experiences too. But this is the exact reason that why we need to be careful and to be cautious to avoid such malicious scams. Also there are good things in the market too. You need to look beyond that.

[redrose8226]

Even though they are still surprising and chills the spine to hear, they are old news. And the market recovered from it and there are good sides to it that we need to see too.

[fosco333]

I just had this article written, which covers the Tether scam, as well as the fake news cartel that sites like CoinTelegraph, and CCN, among dozens of others are a part of.

On top of that I also included how the latest ICO scams are set up.

Hope you like it and feel free to share of course:

https://www.cryptonewsinc.com/the-shady-side-of-the-crypto-industry/

Instead only put a link in your thread, why didn't you explain it to us ?
I dont know why tether is considered as a scam coin if it backed by a real USD ?
You cannot believe some sources easily, a research about the case is required to not deciding wrong.

[yanixbtc]

I just had this article written, which covers the Tether scam, as well as the fake news cartel that sites like CoinTelegraph, and CCN, among dozens of others are a part of.

On top of that I also included how the latest ICO scams are set up.

Hope you like it and feel free to share of course:

https://www.cryptonewsinc.com/the-shady-side-of-the-crypto-industry/

If this is true then it is really devastating. When all of this is a part of a play and crypto is a big scam that would be a very bad news. But I would assume this is not true and is part of a black propaganda. Many people are into crypto not just ordinary people have given there full support and trust in cryptocurrency and even invested a big amount of money. We are not foolish here I believe. We are in the right track, this news is not true.

[131tc01n]

this has become a habit in my country, everyone is trying to make false news to bring down a person or institution. And now this thing spreads to the world of crypto currencies, fake news is very strong affecting the market, if this is continued then iinvestor will lose, the big news service providers like CoinTelegraph, and CCN should filter the news that they will publish to the public

[pimondcrypto]

The main problem with all these shady sites and services that we are encountering is that the whole crypto space is unregulated and no government in the world has taken significant steps to solve these problems. As a result, scams, fraudulent activities and manipulation is still existing in the market. I hope a country like U.S or China takes the control of regulatign the crypto space and try to help the investors here while getting benefits for themselves.

[dav-santoshi]

To me some the shady side of is due to the fact that bitcoin users can also be subject to theft, scams, and frauds, which some argue is made easier because of Bitcoin’s structure and lack of regulation. The very nature of Bitcoin makes fraud prevention hard, one of the biggest factors being there is no way to retrieve Bitcoin that has been stolen or conned, and no way to revert the transaction

[bitbunnny]

Unfortunately, cryptocurrencies can't be spared from the shady side. Like obviously everything in this world.
Scams and frauds have become something that is often connected with Bitcoin and other cryptocurrencies because people are just trying to misuse everything they can and come to the profit on easy but illegal and shady way.
But don't forget that we can't blame cryptocurrencies for that, it's just the human nature and that is hard to fight.
That is why it's important to promote positive sides of cryptocurrencies.

[cryptoking252]

I liked how you have provided significant proof for every section that is there in your writing piece. I usually find most of the articles posted here in this forum to be clickbait but yours one is truly different from those. I have heard of the Bitfinex's scam regarding Tether and Bitcoin but never saw such in depth discussion on this very topic. Really good read indeed.