Hello guys!
A friend of mine just shared this website to me:
https://cryptoscamdb.org/report/It lets you report those websites that are using ponzi and pyramiding schemes, ICO or any crypto-related scams, etc.
I truly believe this would really help us so that newbies and beginners will never fall into these scams.
P.S. If this topic is not appropriate in Altcoin Discussion, feel free to move it to another section. Thank you.I would love to know what is the action taken when this suspicious projects are reported to this site, do they hold the project owners accountable for any misconduct in the project or they just give the usual warning!
It would have been more satisfying to know the people behind such scam project are being apprehended if possible, this will then reduce the number of scam project we have. Nevertheless, thanks for sharing.
CryptoScamDB LLC, powered by MyCrypto, Inc., is dedicated to creating a safer cryptospace by educating the public on best security practices, uncovering malicious actors, and exposing scams, as well as providing scam detection services that can be integrated into existing products.
The quote above is what they intend to do according to their mission statement, as much as this may sounds assuring it still lacking in the actual sense of what is happening, there are still large number of scam project around, and I wonder how many crypto lovers will have access to their website or wherever they intend to educate people before falling into victim of scam,
I do appreciate their efforts though, I think the fight is big and will require a combine effort of many such platforms, the crypto community as well to expose all the scam projects and educate the people about them.