How to prevent fraud?

[Polar91]

Keep your personal identity and information to  yourself and you will avoid Fraud.
Even to this day I get text messages/phone calls from guys trying to sell me sports picks and I never gave them my #.
Your info is also possibly being sold on the dark webs so be careful who you share you info with.

Perhaps they got it from sites you filled up your phone number. It also happens to me, what I did is that I blocked that particular number as it annoys me. I would like go also add that every user should be careful in submitting KYC in such bounties/airdrops/exchanges. If they aren't legitemate and you submitted your identity information, it can't be undone any they may use it for fraud.

[Karie_Legend]

I guess fraudulent is not preventable but you can minimize being a victim if you will be very vigilant in your actions towards your investments. Doing more research before engaging to something which includes money will reduce the chances of being a victim of fraudulence.

fraud I think it has become part of the crypto currency because there is no legal force that protects it so we ourselves must be able to choose which ones produce and which ones are fraudulent

indeed, until now the fraud has not been removed from crypto. because indeed until now there has been no law that enforces the fraud is removed, and for those who commit the fraud will be punished, all of which have not been made and have not been established by law. so it's difficult to avoid a fraud.

this happens because there are still many who have not legalized cryptocurrency, so the government has not been able to make laws governing it, so this is like being a land for fraudsters

There are no clear signs of deciding fraudsters and not cheating on a project because they make it seem real without any doubt for everyone.

[Hamphser]

Keep your personal identity and information to  yourself and you will avoid Fraud.
Even to this day I get text messages/phone calls from guys trying to sell me sports picks and I never gave them my #.
Your info is also possibly being sold on the dark webs so be careful who you share you info with.

Perhaps they got it from sites you filled up your phone number. It also happens to me, what I did is that I blocked that particular number as it annoys me. I would like go also add that every user should be careful in submitting KYC in such bounties/airdrops/exchanges. If they aren't legitemate and you submitted your identity information, it can't be undone any they may use it for fraud.

Any KYC thing do have its corresponding risk thats why anytime we do fill out any personal informations or do sent out personal documentations then
expect the risk for those info to be exploited somewhere on net yet we wont know if those parties who held our info wont able to exploit those things they had
accumulated.

[jpoker272727]

Research and studies, investigation is the best thing to do before jumping on anything involving money.
This will keep you away from scammers and being attack by fraud.
Most people are looking for the fast earnings now without thinking the risk of it.

[andika2018]

I guess fraudulent is not preventable but you can minimize being a victim if you will be very vigilant in your actions towards your investments. Doing more research before engaging to something which includes money will reduce the chances of being a victim of fraudulence.

fraud I think it has become part of the crypto currency because there is no legal force that protects it so we ourselves must be able to choose which ones produce and which ones are fraudulent

I am agree, its because there is no government regulation. Its makes every people can create their own coin or token and sell it to any one. If fraud always happen in crypto, its make people think crypto is scam and people will not interesting to investing their money.
There is should be government regulation to regulate ICOs or project and if that happen, i think investor confident will increase and market will more attractive with more legit project

[semobo]

Keep your personal identity and information to  yourself and you will avoid Fraud.
Even to this day I get text messages/phone calls from guys trying to sell me sports picks and I never gave them my #.
Your info is also possibly being sold on the dark webs so be careful who you share you info with.

Perhaps they got it from sites you filled up your phone number. It also happens to me, what I did is that I blocked that particular number as it annoys me. I would like go also add that every user should be careful in submitting KYC in such bounties/airdrops/exchanges. If they aren't legitemate and you submitted your identity information, it can't be undone any they may use it for fraud.

It is not possible to find those fraudulent people while joining on bounties and it can be exposed at the later time so how can we get prevent from this?

Just stop doing bounties when they ask for KYC.

[Lanatsa]

Keep your personal identity and information to  yourself and you will avoid Fraud.
Even to this day I get text messages/phone calls from guys trying to sell me sports picks and I never gave them my #.
Your info is also possibly being sold on the dark webs so be careful who you share you info with.

Perhaps they got it from sites you filled up your phone number. It also happens to me, what I did is that I blocked that particular number as it annoys me. I would like go also add that every user should be careful in submitting KYC in such bounties/airdrops/exchanges. If they aren't legitemate and you submitted your identity information, it can't be undone any they may use it for fraud.

It is not possible to find those fraudulent people while joining on bounties and it can be exposed at the later time so how can we get prevent from this?

Just stop doing bounties when they ask for KYC.

But sometimes bounties that dont have KYC on the start will start to ask after the end of the sale which means as a bounty hunter you wont really
have any choice but to comply if you are really eager to recieve those tokens for your hard work.If not then you would end up those coins let go.
There are lots of frauds not only to this crypto market but even on the past where crypto isnt still there yet.

[Pattart]

I guess fraudulent is not preventable but you can minimize being a victim if you will be very vigilant in your actions towards your investments. Doing more research before engaging to something which includes money will reduce the chances of being a victim of fraudulence.

fraud I think it has become part of the crypto currency because there is no legal force that protects it so we ourselves must be able to choose which ones produce and which ones are fraudulent

indeed, until now the fraud has not been removed from crypto. because indeed until now there has been no law that enforces the fraud is removed, and for those who commit the fraud will be punished, all of which have not been made and have not been established by law. so it's difficult to avoid a fraud.

this happens because there are still many who have not legalized cryptocurrency, so the government has not been able to make laws governing it, so this is like being a land for fraudsters

I think not because of legalization, the amount of fraud and other crimes because there is no monitor from a third party that can stop crime in crypto.
if the police are in the government, so that crime can be suppressed. maybe crypto needs such thing ?

[markdario112616]

this happens because there are still many who have not legalized cryptocurrency, so the government has not been able to make laws governing it, so this is like being a land for fraudsters

Even though Crypto will legalized, There would still people can fake everything. It doesn't prevent the problem in regards the fraud, given also that the a Government cannot really monitor everything and everyone using Crypto as the system is still decentralized. Everyone is still anonymous. KYC could be a tool but like I said other people could still fake it, in any ways possible.

[Gaff]

I guess fraudulent is not preventable but you can minimize being a victim if you will be very vigilant in your actions towards your investments. Doing more research before engaging to something which includes money will reduce the chances of being a victim of fraudulence.

fraud I think it has become part of the crypto currency because there is no legal force that protects it so we ourselves must be able to choose which ones produce and which ones are fraudulent

indeed, until now the fraud has not been removed from crypto. because indeed until now there has been no law that enforces the fraud is removed, and for those who commit the fraud will be punished, all of which have not been made and have not been established by law. so it's difficult to avoid a fraud.

this happens because there are still many who have not legalized cryptocurrency, so the government has not been able to make laws governing it, so this is like being a land for fraudsters

I think not because of legalization, the amount of fraud and other crimes because there is no monitor from a third party that can stop crime in crypto.
if the police are in the government, so that crime can be suppressed. maybe crypto needs such thing ?

I agree, crypto need strong security that will closely scrutinize such cyber activities related to money itself. What's hot here was the amount of fiat money involved which was linked to crypto transformations that made other people to commit fraud activity. Some of them were criminal related to money laundering and drugs transacted globally using crypto money. They can easily use crypto as their payment method on transactions, which they though safe to withdraw cash money form end to end customer. However if there's new technology which will develop a new type of security that monitors any outgoing and incoming fiat to crypto transactions, this fraud activities will be eliminated as soon as possible.

[Fredomago]

this happens because there are still many who have not legalized cryptocurrency, so the government has not been able to make laws governing it, so this is like being a land for fraudsters

Even though Crypto will legalized, There would still people can fake everything. It doesn't prevent the problem in regards the fraud, given also that the a Government cannot really monitor everything and everyone using Crypto as the system is still decentralized. Everyone is still anonymous. KYC could be a tool but like I said other people could still fake it, in any ways possible.

That's right, scammers can still adopt this system and fake their information, we are not safe even we are seeing that government are also interested with this new system, avoiding fraud can be done when you do deeper research and analyze things accordingly, without any doubts you can verify on your own on how to determine.

[ASHLIUSZ]

I guess fraudulent is not preventable but you can minimize being a victim if you will be very vigilant in your actions towards your investments. Doing more research before engaging to something which includes money will reduce the chances of being a victim of fraudulence.

fraud I think it has become part of the crypto currency because there is no legal force that protects it so we ourselves must be able to choose which ones produce and which ones are fraudulent

indeed, until now the fraud has not been removed from crypto. because indeed until now there has been no law that enforces the fraud is removed, and for those who commit the fraud will be punished, all of which have not been made and have not been established by law. so it's difficult to avoid a fraud.

this happens because there are still many who have not legalized cryptocurrency, so the government has not been able to make laws governing it, so this is like being a land for fraudsters

I think not because of legalization, the amount of fraud and other crimes because there is no monitor from a third party that can stop crime in crypto.
if the police are in the government, so that crime can be suppressed. maybe crypto needs such thing ?

Even on the countries with legalized usage there is more fraud happening with the name of cryptocurrency. This is happening as each and every activity on cryptocurrency happens through internet. Maybe this could decrease a little when some form of legal enforcement teams were made to inspect.

[Faxmate]

Research and studies, investigation is the best thing to do before jumping on anything involving money.
This will keep you away from scammers and being attack by fraud.
Most people are looking for the fast earnings now without thinking the risk of it.

yeah, you're right. seeking information is very important. sometimes fraud is indeed hard to know. however, when you really find out about it, there will definitely be defects that you encounter in the project, or things they build.

For sure there are some scammers who are scamming and freaking people but to prevent it we will have to gain knowledge and information, which will reduce our risk and will help us to make money, we are in modern age anythi9ng is possible, gain knowledge and try to make good conversation with expert investors who can give you good advice.

[semobo]

Keep your personal identity and information to  yourself and you will avoid Fraud.
Even to this day I get text messages/phone calls from guys trying to sell me sports picks and I never gave them my #.
Your info is also possibly being sold on the dark webs so be careful who you share you info with.

Perhaps they got it from sites you filled up your phone number. It also happens to me, what I did is that I blocked that particular number as it annoys me. I would like go also add that every user should be careful in submitting KYC in such bounties/airdrops/exchanges. If they aren't legitemate and you submitted your identity information, it can't be undone any they may use it for fraud.

It is not possible to find those fraudulent people while joining on bounties and it can be exposed at the later time so how can we get prevent from this?

Just stop doing bounties when they ask for KYC.

But sometimes bounties that dont have KYC on the start will start to ask after the end of the sale which means as a bounty hunter you wont really
have any choice but to comply if you are really eager to recieve those tokens for your hard work.If not then you would end up those coins let go.
There are lots of frauds not only to this crypto market but even on the past where crypto isnt still there yet.

IMO,I don't give my personal details to someone for receving some tokens which don't even have any worth yet.If everyone avoid the bounties with some KYC then there will be some change will happen.

[KennyR]

Keep your personal identity and information to  yourself and you will avoid Fraud.
Even to this day I get text messages/phone calls from guys trying to sell me sports picks and I never gave them my #.
Your info is also possibly being sold on the dark webs so be careful who you share you info with.

Perhaps they got it from sites you filled up your phone number. It also happens to me, what I did is that I blocked that particular number as it annoys me. I would like go also add that every user should be careful in submitting KYC in such bounties/airdrops/exchanges. If they aren't legitemate and you submitted your identity information, it can't be undone any they may use it for fraud.

It is not possible to find those fraudulent people while joining on bounties and it can be exposed at the later time so how can we get prevent from this?

Just stop doing bounties when they ask for KYC.

But sometimes bounties that dont have KYC on the start will start to ask after the end of the sale which means as a bounty hunter you wont really
have any choice but to comply if you are really eager to recieve those tokens for your hard work.If not then you would end up those coins let go.
There are lots of frauds not only to this crypto market but even on the past where crypto isnt still there yet.

IMO,I don't give my personal details to someone for receving some tokens which don't even have any worth yet.If everyone avoid the bounties with some KYC then there will be some change will happen.

Yes, that's true. I have participated in several airdrops providing personal information. Till date there is very big number of pending distribution of tokens. Even after getting the tokens we can't find exchanges listing the tokens. Fraud activities happen big as each and everything is happening through internet and mostly in an anonymous manner.

[PlusOne88]

Fraud is anywhere as long as there are people who are not contented with what they have and those who wanted easy money for them. Even those jobs offered by company that are considered legal sometimes consider illegal activities. It is hard to detect fraud but one thing more common about them is the idea that they would offer something so impossible or too good to be true. You should be asking yourself what gains would both side get or why is the company or individual is offering such. If you detect something not so true you may then start to consider it as a fraud. Of course get a background check of the company and the people behind it.

[Malsetid]

Keep your personal identity and information to  yourself and you will avoid Fraud.
Even to this day I get text messages/phone calls from guys trying to sell me sports picks and I never gave them my #.
Your info is also possibly being sold on the dark webs so be careful who you share you info with.

Perhaps they got it from sites you filled up your phone number. It also happens to me, what I did is that I blocked that particular number as it annoys me. I would like go also add that every user should be careful in submitting KYC in such bounties/airdrops/exchanges. If they aren't legitemate and you submitted your identity information, it can't be undone any they may use it for fraud.

It is not possible to find those fraudulent people while joining on bounties and it can be exposed at the later time so how can we get prevent from this?

Just stop doing bounties when they ask for KYC.

But sometimes bounties that dont have KYC on the start will start to ask after the end of the sale which means as a bounty hunter you wont really
have any choice but to comply if you are really eager to recieve those tokens for your hard work.If not then you would end up those coins let go.
There are lots of frauds not only to this crypto market but even on the past where crypto isnt still there yet.

IMO,I don't give my personal details to someone for receving some tokens which don't even have any worth yet.If everyone avoid the bounties with some KYC then there will be some change will happen.

Yes, that's true. I have participated in several airdrops providing personal information. Till date there is very big number of pending distribution of tokens. Even after getting the tokens we can't find exchanges listing the tokens. Fraud activities happen big as each and everything is happening through internet and mostly in an anonymous manner.

Goes to show that it's not worth the risk. Kyc was made to add security but it also became a tool for fraudsters and phishers to get information from people eager to receive free tokens. Might as well just drop those bounties and airdrops requiring you to comply. Again it's not worth the risk.

[breathlessz]

Keep your personal identity and information to  yourself and you will avoid Fraud.
Even to this day I get text messages/phone calls from guys trying to sell me sports picks and I never gave them my #.
Your info is also possibly being sold on the dark webs so be careful who you share you info with.

Perhaps they got it from sites you filled up your phone number. It also happens to me, what I did is that I blocked that particular number as it annoys me. I would like go also add that every user should be careful in submitting KYC in such bounties/airdrops/exchanges. If they aren't legitemate and you submitted your identity information, it can't be undone any they may use it for fraud.

It is not possible to find those fraudulent people while joining on bounties and it can be exposed at the later time so how can we get prevent from this?

Just stop doing bounties when they ask for KYC.

But sometimes bounties that dont have KYC on the start will start to ask after the end of the sale which means as a bounty hunter you wont really
have any choice but to comply if you are really eager to recieve those tokens for your hard work.If not then you would end up those coins let go.
There are lots of frauds not only to this crypto market but even on the past where crypto isnt still there yet.

IMO,I don't give my personal details to someone for receving some tokens which don't even have any worth yet.If everyone avoid the bounties with some KYC then there will be some change will happen.

Yes, that's true. I have participated in several airdrops providing personal information. Till date there is very big number of pending distribution of tokens. Even after getting the tokens we can't find exchanges listing the tokens. Fraud activities happen big as each and everything is happening through internet and mostly in an anonymous manner.

Goes to show that it's not worth the risk. Kyc was made to add security but it also became a tool for fraudsters and phishers to get information from people eager to receive free tokens. Might as well just drop those bounties and airdrops requiring you to comply. Again it's not worth the risk.

right, every time I find that I have to use Kyc, I better leave, because our identity can be misused, so that it will harm us. but sometimes there are projects that require Kyc, and it turns out that the results are good, such as cht. therefore I think it would be better if we could identify it

[pungopete468]

It is not arbitrary to invest and also see more of the fairness of the profits offered because a lot of people are easily fooled by this, which uses the attraction of huge profits that do not make sense

[ajaymukund]

 I don't think we have to be miserable to analyze and review projects anymore. Because now scam projects are gone. Real projects are searched to the exchanges to create the IEO and start calling capital.
We didn't have to worry about scams anymore. we can relax now