But this explosive growth has also led to many scammers coming with numerous new trading system designed to scam unsuspecting traders out of their hard earned money. (7binaryoptions.com)
The tool then trades these coins between multiple accounts, driving the price up, before selling to unsuspecting traders on currency exchanges looking to buy while prices are still rising. (theregister.co.uk)
The OTC market is largely unregulated hence leaving the field wide open for scam brokers to try and scam unsuspecting traders. (fxempire.com)