Scammers use many types of investment fraud. Among the famous investment scams, the biggest examples are using Ponzi schemes, pig butchering, ICO scams, and fake investment websites. According to authorities, there are over 25,000 scam investment websites targeting the USA, Europe, and Australia separately. Additionally, according to the ScamWatch, those websites, many times, have some … Read more
Today, let’s explore how blockchain technology has evolved, examine the rules and regulations in different countries and settings, and learn about the process of taking legal action for crypto theft if you have fallen victim to a scam. Here is how it all started and evolved. In the late 2000s, people came up with blockchain … Read more
Today, let’s understand the dark side of online connections with the rise of pig butchering scams. This article exposes the tactics, victim demographics, and staggering financial losses associated with pig butchering scams, urging caution in the face of this growing global threat. Most people might have recently exchanged text or chat messages with strangers who … Read more
Although initial coin offerings (ICOs) can be profitable for start-ups seeking funding, they are not without their disadvantages. Investors often face risks due to the lack of regulation. In 2021, for instance, BitConnect, an offshore cryptocurrency lending program, had already scammed its investors out of over $3 billion. The company promised a 40% return on … Read more
I understand how it feels when we realize that we have been scammed. We need someone to recover our scammed crypto. We may try to take legal action or look for some crypto scam recovery services. Legal actions may or may not work due to their limitations; for instance, often FBI or Police can help … Read more