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Author Topic: Is there real initiatives to fight scam in crypto??  (Read 583 times)
sayaya17
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January 03, 2021, 05:02:02 AM
 #61

There is no real initiative from anyone to fight fraud, only we can prevent it from happening. The only way to avoid fraud in the crypto industry
today is to not engage in the crypto industry itself. But that fraud will always happen and exist in any field and industry. Because scammers will
always look for opportunities in any case.

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January 03, 2021, 06:43:36 AM
 #62

Begin from our self how to protect from scammer in cryptocurrency, right now have many tread forum discussion from telegram group until bitcointalk forum, when you get some project look not worth with your counting better ask in the group and we know right now which one project worth or not for joining, almost coin never give real profitable depend with supply and demand but if you get coins give more than 5% until 10% profit each day left this project and better with trading or investing only.

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January 03, 2021, 09:52:26 AM
 #63

For example, the SEC fight with scammers, I also heard that in many countries there are various organizations that fight with scammers in the cryptocurrency field, and there are more and more such organizations, and especially in Asia, there are a lot of such organizations.
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January 03, 2021, 10:51:24 AM
 #64

There is no real initiative from anyone to fight fraud, only we can prevent it from happening.
<cut>

I beg to differ.
I don't know where you got such information from, but here are just a few media headlines that refute that:

Alleged 'kingpin' of a 25M rupee Indian crypto scam arrested at Delhi airport
Notorious crypto figures arrested in 2020
SEC brought 56 cases against crypto-related firms during Jay Clayton’s tenure
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January 03, 2021, 12:04:31 PM
 #65

One thing to fight scams is to have a knowledge and education in crypto wherein it will be the source of fighting grounds not to be fooled by scammers online. With much knowledge we have, the more we are aware of things on how really crypto works in the real market. Stay away from hype and be vigilant always in putting ventures in crypto.
Scamers have thousands of ways to deceive their victims, without us realizing that scamres are always around us, but I agree at least we can still avoid doing a thorough research on the project and avoid suspicious project criteria. Don't fall in love with a project that offers a high return on investment. Crypto is not a get-rich-quick scheme.

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January 04, 2021, 01:18:37 PM
 #66

Its treu that it become very hard to scam people and take theire money in the curent time but for now i dont know about any official organization that track scammers
If you know about anyone please share with me

For now nope! fighting scam here in cryptocurrency is hard. It won't be easy for us to fight them but We can avoid them and stay away from them too, if we know their tactics and more. But if there are an organization to fight scams for sure scam projects won't arise in cryptocurrency industry.
Still not chance when you get scam from investment in cryptocurrency to get back you money and the scammer is nothing because almost data wallet is hidden and we don't know about some one have scam us, in cryptocurrency always protect your investing which one have to invest or not, but many investor running fast when getting new site investment and not will hold or invest for long term, after get profit they will withdraw all assets just new member will loss their investment money because coming late for investing.

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January 04, 2021, 01:47:51 PM
 #67

I'm not sure about that but I heard that some can able to track down the hack Bitcoin from big exchanges well I think they were just some individuals who just tried to track it down but we are not sure they maybe a group or organization that specialized on tracking scam coins.

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January 04, 2021, 02:28:05 PM
 #68

Its treu that it become very hard to scam people and take theire money in the curent time but for now i dont know about any official organization that track scammers
If you know about anyone please share with me
Many people might have learned a lot already about scammers that's why there's a very few people who gets scammed right now in the news and mostly, they are new in this game. In my knowledge, there is no special organization yet that focuses on catching scammers or tracing them. If ever one would appear, they would surely have trouble on what they are doing because the market or crypto is too broad and not everyone will be caught since they will find way on how they can escape the authority and keep up with their fraud movements.
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January 04, 2021, 02:43:51 PM
 #69

Are you being scam? Well, there is no really help that you can ask for. All of crypto holdings should be responsibly held by the crypto user. The system is secured enough but only it will become vulnerable when a crypto users not aware with the possible things that could get crypto holdings vulnerable to scam attack like the use of possible fake exchange, fake wallets and etc.
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January 04, 2021, 02:44:37 PM
 #70

The main official organization is the SEC.
However, you should understand that cryptocurrency is not a regulated field, and in many legislation we do not have a legal status at all, which makes it extremely difficult to regulate and bring scammers to justice.

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January 04, 2021, 03:07:11 PM
 #71

The main official organization is the SEC.

No, that's not true... SEC is an abbreviated name for "U.S. Securities and Exchange Commission". They have no jurisdiction outside the United States.
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January 09, 2021, 01:53:39 PM
 #72

The main official organization is the SEC.

No, that's not true... SEC is an abbreviated name for "U.S. Securities and Exchange Commission". They have no jurisdiction outside the United States.


Do you know another organization that "to some extent" is fighting a scam? By and large, only SEC fights with those who do not fit into the framework of their rules, this can include scams too, but all this is only technical. Indeed, in fact, all other initiatives to combat the scam are not official, which means they are essentially volunteer.

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January 09, 2021, 03:29:42 PM
 #73

The main official organization is the SEC.

No, that's not true... SEC is an abbreviated name for "U.S. Securities and Exchange Commission". They have no jurisdiction outside the United States.


Do you know another organization that "to some extent" is fighting a scam? By and large, only SEC fights with those who do not fit into the framework of their rules, this can include scams too, but all this is only technical. Indeed, in fact, all other initiatives to combat the scam are not official, which means they are essentially volunteer.
as currently there is no other authority other than the SEC that has taken up the fight against fraud that occurs in the crypto, world and maybe now even other countries have to at least form and have a special authority that does handle every problem that occurs in the world of cryptocurrency, but it seems that it does not this can be done because every country has different regulations and not all countries in the world have accepted cryptocurency as an alternative to finance and also investment.

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January 10, 2021, 02:33:13 PM
 #74

There can't be any organisation specific for crypto scams. Yeah you have your cyber security organisation which will be trying to stop these scams. Also the users have to get educated enough as well and stop feeding the scammers .

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January 10, 2021, 04:09:22 PM
 #75

There can't be any organisation specific for crypto scams. Yeah you have your cyber security organisation which will be trying to stop these scams. Also the users have to get educated enough as well and stop feeding the scammers .
I know when scammer have get law and was arrested we can't get back our money full or half, I think many scammer with ponzy investment way have cases to police but how many member have loss much money without get back their assets, this happen with my country and I think looks crazy with how much scammer money get by police why not refund to investor but how come the scammer assets could be loss. Very awesome way how come much scammer assets from investor could be gone after report to the police and project become scam, will the scammer assets take by police or nor?

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January 10, 2021, 04:39:45 PM
 #76

The simple answer is NO
On the positive recently there has been some development look at xrp

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January 10, 2021, 05:20:24 PM
 #77

It's amazing how lucky scammers are that cryptocurrency has become so popular. Even if official projects such as Ripple receive lawsuits from the SEC about their activities, then what can we say about the millions of scam who stole money and never appeared again. We must be the force that fights the scam, if we fail, we will have to introduce regulation and regulate the market. We don't want that.

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January 10, 2021, 09:32:06 PM
 #78

The rea initiative on fighting scam in crypto starts within you as an individual because you, yourself as an individual must already know the risks associated upon entering the vast world of crypto so you must have already a hint of what is possible to happen and you have to act depending upon the situation you are currently dealing with. It is not already a variable excuse to state that you are just a newbie and you still not know anything about it because first thing's first, lots of news about issues related to crypto have been released and aired years ago so basically scam is not already a new thing which is you must know that you have to equip yourself with lots of knowledge about crypto for you to be able not to get fooled by those scammers that are targeting newbies. It all starts with you to help stop those scams.

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dunfida
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January 10, 2021, 09:57:03 PM
 #79

The rea initiative on fighting scam in crypto starts within you as an individual because you, yourself as an individual must already know the risks associated upon entering the vast world of crypto so you must have already a hint of what is possible to happen and you have to act depending upon the situation you are currently dealing with. It is not already a variable excuse to state that you are just a newbie and you still not know anything about it because first thing's first, lots of news about issues related to crypto have been released and aired years ago so basically scam is not already a new thing which is you must know that you have to equip yourself with lots of knowledge about crypto for you to be able not to get fooled by those scammers that are targeting newbies. It all starts with you to help stop those scams.
Common sense and self-awareness and be realistic and logical from time to time. Getting rid of scam would really be impossible because we know that
as long this market do involves money then it cant really be stopped to those people who do really do those criminal minds will really be making things
that will really steal off peoples money.

Fighting is useless because no matter how good the system is but still they would surely exist but as a smart investor, making yourself
knowledgeable and aware on how things works around then you would really be saving up yourself into this problem.
Dont tend to fight but rather avoid as long youre aware.

Shasha80
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January 10, 2021, 10:07:23 PM
 #80

If your country has accepted cryptocurrency, then if you are a victim of fraud in crypto you can report it to the police. Later the police will track
them down through the cyber crime division, this is what happened in my country. I don't know where your country from, because usually every
country has a special division to deal with crimes in the digital world, including fraud that occurs in the crypto world.

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