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Author Topic: What can we do against Blockchain fraudsters?  (Read 254 times)
Rruchi man
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August 08, 2022, 02:04:14 PM
 #21

Blockchain fraudsters can't be easily tracked...
As a result of this, you can notice that the number of fraudsters taking advantage of the blockchain space is increasing daily. The probability of one out of ten individuals you meet online being fraudsters has now increased from that to like six out of ten individuals you meet online being potential fraudsters.

...the best thing we can do is to not fall for their bad motives.
and this can be achieved by never letting your guard down and not easily trusting someone that you meet online regardless of whatever title they may have or any occupation they claim to be involved involved in, especially those that are crypto related.

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August 08, 2022, 03:31:46 PM
 #22

I would say there is much much to do against these people and that's because of the decentralazation of bitcoin and cryptocurrencies and the people who are active here you cannot track the people easily when we are talking about this network however the governments are trying to do regulations and force people to pass the KYC that's how they can track the frauds but even if this happens that's not going to guarantee anything, I would say the best thing to do is to increase the knowledge level of people so they won't fall into the traps.

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August 08, 2022, 03:55:07 PM
 #23

First of all, the darknet isn't only used by fraudsters or for illegal activities. You can find legal businesses and make safe trades/deals there.
Regarding how to protect yourself and your coins from hackers and scammers: as a regular user, the first thing you need to do is to learn how to keep your wallets safe (using reliable non-custodial wallets.. ). Then, you need to use common sense to spot shady businesses or offers such as the famous doublers. But most importantly, always ask when in doubt.

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August 08, 2022, 05:04:08 PM
 #24

Be wise, be vigilant, and observant. Scammers and fraudsters are everywhere but if you're smart enough to get rid of them, you won't fall into their victims. Always do your research and be skeptical even in grabbing promotions. Always do legit checking if you're having doubts and it's a good thing because you can ask freely on this forum. Be fully equipped with knowledge so you'll know what to accept and what to reject.
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August 08, 2022, 08:48:14 PM
 #25

Blockchain fraud is a very known issue for Blockchain applications like hacks, fraud and even criminal Darknet activities.
I want to ask for solutions how it  can be solved to catch more Blockchain fraudsters and prevent fraud.
People will be hacked less when we can catch more Blockchain fraudsters.
You cannot, you really can't have a fundamental way of doing this, it is going to just keep happening. What you can do however is to make sure that it is not getting attacked without cause, or without any defense there to help you out. It means that if you have some money in your wallet, and you do not want to get hacked, then do not let third party apps to take over your own control.

This is why I believe that we should be staying away from the fact that crypto is a risky thing, but many think that it is because of price volatility, there is also the fact that crypto is risky because it has the "not reversible" situation so you need to be very careful at all times.

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August 08, 2022, 09:06:48 PM
 #26

I do think that fraudster won't be stop, even not in crypto. They are always be there as long as they have a chance to take advantage. I believe that no system is safe, and due to cryptocurrency having new systems and technology from time to time. It is expected that someone is doing something to exploit it and do a personal gain from the victims. The only thing we can do is to protect ourselves and know how to properly manage our own security to be safe from these fraudsters. It is well known that centralized systems are always the one getting hacked but there are cases that decentralized system are being hacked and attacked too. Just be knowledgeable about the things you are doing especially if it's involved with money.
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