One of the worst
types of cryptocurrency scams involves a fake ICO (initial coin offering).
Not exact matches
Cryptocurrency users have seen many different
types of scams over the past few years.
These sorts
of extraordinary claims are common among Ponzi schemes and other
types of scams in the
cryptocurrency ecosystem.
As a result, there are lots
of scams, pyramid schemes, and other
types of fraud centered around Bitcoin and other
cryptocurrencies.
These sorts
of extraordinary claims are common among Ponzi schemes and other
types of scams in the
cryptocurrency ecosystem.
On Monday, a South Korean top financial regulator announced that the South Korean Ministry
of Justice is considering banning all
types of cryptocurrency transactions in the country to protect people against
scams, even though an estimated 1 million South Koreans own bitcoin.
The move comes as
cryptocurrency use is on the rise, and as the new
type of currency spikes, so do
scams.
There are many different
types of scams in the world
of cryptocurrency.
The Australian Taxation Office (ATO) has recently issued a warning about a new
type of scam claiming fake tax debt on behalf
of ATO, and requesting tax payment via Bitcoin (BTC) and other
cryptocurrencies in a public release updated on March 14.
The goal behind the ban, according to Google's director
of sustainable ads Scott Spencer, is to protect the search giant's audience from «deceptive content» served by unscrupulous actors that use
cryptocurrency, as well as other
types of offers to
scam people online.