Top-10 cryptocurrency scam list 2019

[The Game 2059]

Am quite impressed when I see a post like these which often give us vivid information about scam project and as a matter of fact I don't know about these but with these latest update now I can confidently ignore them whenever I come across these projects.

[zeshan1122 654]

I have seen some of the scams too where the people were offering some good coins and at the end of the day they were doing it really bad and ran away with all of the money.

[Ameralsamt 2558]

It's really unfortunate, the scams are very bad, they only serve fraudsters, but in return they harm cryptocurrencies themselves, make them internationally rejected, it's really annoying, I hope to organize cryptocurrencies so that the scammers stop doing business. 

[miskyming 1588]

You missed to list a plus token one of the biggest scams of cryptocurrency in 2019. Scammers ran with $3 billion dollars from investors and I guess most of the investors were no have knowledge about cryptocurrency, they just get hooked by the promises of scammers that they will get high return. We should careful when investing in cryptos because scammers are fishing to get victims.

[Samotokika 1780]

On 2/28/2020 at 8:04 PM, Efs said:

10. The scandal with Kraken flash crash

Kraken, a noteworthy Bitcoin exchanging stage, encountered a flash crash that made the cost of the digital money abruptly fall from $8,400 to $75.

Not long after, the cost settled again and many didn’t even notice it. It was essentially thought of like a glitch in the framework. In any case, an investigation from CipherTrace proposes that the accident was brought about by a hack.

As indicated by CipherTrace’s examination, the hacker compromised the account of a client with a lot of digital currency and took 1200 BTC, which was worth more than $10 million at the time.

9. Israeli fraudsters

As indicated by CipherTrace, two siblings from Israel were captured on June 21 for an alleged phishing trick that went on for a long time.

In this time, the Gigi brothers, Eli, 31, and Assaf, 21, are claimed to have taken over $100 million in digital money.

The crypto scammers are claimed to have baited investors from crypto trading forums, for example, Reddit onto sites that mimicked prominent crypto exchanges.

8. XRP worth $10 mln stolen from GitHub

Programmers had the option to snatch around $10 million worth of XRP from GateHub clients in June this year. Gatehub made a preliminary statement on June 6, uncovering that the cybercriminals had the option to steal money from 100 XRP Ledger wallets.

While the organization is as yet researching how it could have occurred, all the wallet holders were reached and more than 500,000 XRP (worth $200,000) has been recovered so far.

7. $18.7 mln Stolen in a South Korean Ponzi Scheme

Specialists from South Korea have applied AI components to reveal a multimillion-dollar Ponzi plot that swindled more than 56,000 financial specialists. The investors were mostly new to crypto exchanges, with the larger part being in their 70s. The unlisted M-token was guaranteed to bring 600%, which is the thing that baited users in.

This case demonstrated the handiness of AI for crypto agents. The calculations were prepared to recognize watchwords identified with unreasonable guarantees and individuals’ motivating force plans, which are run of the mill of staggered showcasing. This innovation has the potential for a more extensive application.

6. $27 mln “typosquatting” trick in Europe

This year, news covers featured the following heading: “Six captured in UK and Netherlands over $27 million “typosquatting” trick. The six people took Bitcoin tokens of about 4,000 people.

The individuals who were associated with a Bitcoin trick worth $27 million were captured in June, as indicated by a Europol official statement. Following a multi month-long joint examination, specialists all the while captured five men and one woman at their homes in southwest England and the Dutch urban communities of Amsterdam and Rotterdam.

The robbery influenced more than 4,000 exploited people, who were spread out in 12 distinct nations.

Europol said the examination revolved around “typosquatting”, a strategy which involves making a fake digital currency exchange to access users’ Bitcoin wallets. The examination was completed as a joint activity by the UK South West Regional Cyber Crime Unit (SW RCCU), the UK’s National Crime Agency (NCA), and the Dutch police.

Pay attention to typosquatting websites!

5. $30 mln stolen in a Canadian ICO Fraud

K.P. Hobbs and L.A. Cheng, a couple from Canada, are confronting a claim from the B.C. Common Forfeiture Office in Canada being accused of raising $30 million through an ICO fraud.

They propelled one of the most notorious cryptocurrency scam coins, FUEL token, and they persuaded investors that it would be utilized for future items and develop in utility and price. The activity finished with the appropriation of investors’ assets for individual use, including luxury expenses, for example, obtaining of a townhouse in Coal Harbor, the acquisition of two Range Rover SUVs, and a multi-million dollar gambling spree.

4. $40 mln Stolen in Binance hack

Our crypto scam list wouldn’t be full without mentioning this notorious case. Binance, one of the world’s biggest digital money exchanges, had BTC worth $40 million stolen in May.

While it is exceptional to see a platform like Binance get hacked, the cybercriminals managed not only to take 7,000 BTC but also revealed two-factor confirmation codes and API tokens. Binance likewise uncovered that the programmers had the option to compromise “exceptionally high net-worth accounts”.

In spite of the programmers pulling off $40 million worth of BTC, the effect wasn’t extraordinary for Binance since it was just 2% of the trade’s general property.

Here are the weak spots hackers search for

In an announcement on their site, Binance expressed: “The programmers had the persistence to pause, and execute well-organized activities through numerous apparently autonomous records at the most ideal time. The exchange is organized in a manner that passed our existing security checks. Tragically we were not ready to obstruct this withdrawal before it was executed.”

3. $51 mln stolen in a Taiwanese Ponzi Scheme

In Taipei, seven men were accused of cheating more than 1,000 investors of $51 mln. Clients endowed their assets to them hoping to get 335% in yearly returns. Soon the returns ceased, and the investors ended up losing money.

This case will no doubt lead to the detainment of these men. Also, it has made the Taiwanese Cabinet acquaint corrections with the Money Laundering Control Act and the Terrorism Financing Prevention Act, so as to control direct crypto activities.

2. $71.6 mln Scammed in an Indian ICO Fraud

The start of 2019 denoted the fourth capture in the Mumbai trick case, which saw the burglary of $71.6 million. Amit Lakhanpal, the proprietor of MTC (Money Trade Coin) is associated with running a fake ICO. Indeed, it had never been recorded on any known exchange, yet this didn’t discourage investors from sharing their money – the promised profits were too alluring.

Amit Lakhanpal is associated with misleadingly inflating the cost of his tokens to pull in investors, which made them lose millions. The bitcoin scammer likewise made investors believe that the royal family of Dubai had supported his project.

Amit Lakhanpal with Salma Al Kitbi

1. $114 mln Scammed in Sofia-Based Illegal Trading Operation

The biggest crypto trading scam 2019 cost investors over $100 mln! The police of a few European countries, particularly, Germany and Austria, have revealed a criminal group operating fake binary options and crypto exchanges in Bulgaria and the Czech Republic. Clients of Optionstars, XTraderFX, Cryptopoint, SafeMarkets, OptionstarsGlobal, and Goldenmarkets were tricked in by alluring rates and inevitably lost $114 million.

These cybercriminals controlled various offshoot organizations, including a contact center and program suppliers. The police struck 21 organizations and 4 homes in Sofia before they found all the elements of the crime. In the result, the supposed mastermind behind the trick was captured, and six-figure entireties, alongside terabytes of information, were sequestrated.

 thank you so much for your vital information as I am unfamiliar of all these type of scamming and scamming is now becoming very much popular,people steal other people money for their own benefits so we should save from them and protect ourselves from such scamming sites and people.

[MoralStories 1127]

there are a lot of people who have done scams in many ways but most of them are the scams on the basis of new coins they launch some projects and collect money from the users and run away that is the simplest thing they do

[Ahmad N Ahmad 472]

Am really gland and very happy to be in this forum and also have this interesting ideas without this I didn't think I can just have this idea so soon thanks forum better for bringing this to our notice and is also something to no and be very careful how one go in bitcoin activities thanks.

[godislovefll 1880]

The great things that scammers do are somewhat scary, they have always existed and will continue to exist because unfortunately they want to steal money easily and use their intelligence for that and that bad for all these people, but justice always falls on them because it is something very bad what happens.

[Momo_064 1281]

Yeah there are many scam crypto currencies in the crypto world but as a beginner I don't know about these scams coins. I have learned about these scam crypto currencies from this post. So this post is very helpful for me and the other beginners. I will be very careful from these scam crypto currencies and thank you very much for writing this valuable post. 

[Quickbee 26]

Thank you for naming and describing the 10 Cryptocurrency scams of 2019. Now I expect someone to name the 10 Cryptocurrency scams of 2020. Scams come and go but Crypto market is still a good place for investment. But these scams also remind us to be careful about our money.

[koynayak 1923]

Thank you for sharing this with us. As we all know crypto world is full of scam projects. I also invest too many scam ico. Some of them were looking very legit. That's why we should be very careful while we investing ico or new crypto's. Sometimes you can think , too many people are investing this coin, this coin cannot be scam but after a while you're seeing it was a scam.

[Barbarellah 2225]

Excellent article! As we can see there are many scammers and many ways to cheat, which indicates that we are not completely sure and that what can keep us safe is to be fully informed so as not to make mistakes or fall into possible fraud that can lead us to lose all our money.

[Amna Hareem 1213]

On 2/28/2020 at 8:04 PM, Efs said:

10. The scandal with Kraken flash crash

Kraken, a noteworthy Bitcoin exchanging stage, encountered a flash crash that made the cost of the digital money abruptly fall from $8,400 to $75.

Not long after, the cost settled again and many didn’t even notice it. It was essentially thought of like a glitch in the framework. In any case, an investigation from CipherTrace proposes that the accident was brought about by a hack.

As indicated by CipherTrace’s examination, the hacker compromised the account of a client with a lot of digital currency and took 1200 BTC, which was worth more than $10 million at the time.

9. Israeli fraudsters

As indicated by CipherTrace, two siblings from Israel were captured on June 21 for an alleged phishing trick that went on for a long time.

In this time, the Gigi brothers, Eli, 31, and Assaf, 21, are claimed to have taken over $100 million in digital money.

The crypto scammers are claimed to have baited investors from crypto trading forums, for example, Reddit onto sites that mimicked prominent crypto exchanges.

8. XRP worth $10 mln stolen from GitHub

Programmers had the option to snatch around $10 million worth of XRP from GateHub clients in June this year. Gatehub made a preliminary statement on June 6, uncovering that the cybercriminals had the option to steal money from 100 XRP Ledger wallets.

While the organization is as yet researching how it could have occurred, all the wallet holders were reached and more than 500,000 XRP (worth $200,000) has been recovered so far.

7. $18.7 mln Stolen in a South Korean Ponzi Scheme

Specialists from South Korea have applied AI components to reveal a multimillion-dollar Ponzi plot that swindled more than 56,000 financial specialists. The investors were mostly new to crypto exchanges, with the larger part being in their 70s. The unlisted M-token was guaranteed to bring 600%, which is the thing that baited users in.

This case demonstrated the handiness of AI for crypto agents. The calculations were prepared to recognize watchwords identified with unreasonable guarantees and individuals’ motivating force plans, which are run of the mill of staggered showcasing. This innovation has the potential for a more extensive application.

6. $27 mln “typosquatting” trick in Europe

This year, news covers featured the following heading: “Six captured in UK and Netherlands over $27 million “typosquatting” trick. The six people took Bitcoin tokens of about 4,000 people.

The individuals who were associated with a Bitcoin trick worth $27 million were captured in June, as indicated by a Europol official statement. Following a multi month-long joint examination, specialists all the while captured five men and one woman at their homes in southwest England and the Dutch urban communities of Amsterdam and Rotterdam.

The robbery influenced more than 4,000 exploited people, who were spread out in 12 distinct nations.

Europol said the examination revolved around “typosquatting”, a strategy which involves making a fake digital currency exchange to access users’ Bitcoin wallets. The examination was completed as a joint activity by the UK South West Regional Cyber Crime Unit (SW RCCU), the UK’s National Crime Agency (NCA), and the Dutch police.

Pay attention to typosquatting websites!

5. $30 mln stolen in a Canadian ICO Fraud

K.P. Hobbs and L.A. Cheng, a couple from Canada, are confronting a claim from the B.C. Common Forfeiture Office in Canada being accused of raising $30 million through an ICO fraud.

They propelled one of the most notorious cryptocurrency scam coins, FUEL token, and they persuaded investors that it would be utilized for future items and develop in utility and price. The activity finished with the appropriation of investors’ assets for individual use, including luxury expenses, for example, obtaining of a townhouse in Coal Harbor, the acquisition of two Range Rover SUVs, and a multi-million dollar gambling spree.

4. $40 mln Stolen in Binance hack

Our crypto scam list wouldn’t be full without mentioning this notorious case. Binance, one of the world’s biggest digital money exchanges, had BTC worth $40 million stolen in May.

While it is exceptional to see a platform like Binance get hacked, the cybercriminals managed not only to take 7,000 BTC but also revealed two-factor confirmation codes and API tokens. Binance likewise uncovered that the programmers had the option to compromise “exceptionally high net-worth accounts”.

In spite of the programmers pulling off $40 million worth of BTC, the effect wasn’t extraordinary for Binance since it was just 2% of the trade’s general property.

Here are the weak spots hackers search for

In an announcement on their site, Binance expressed: “The programmers had the persistence to pause, and execute well-organized activities through numerous apparently autonomous records at the most ideal time. The exchange is organized in a manner that passed our existing security checks. Tragically we were not ready to obstruct this withdrawal before it was executed.”

3. $51 mln stolen in a Taiwanese Ponzi Scheme

In Taipei, seven men were accused of cheating more than 1,000 investors of $51 mln. Clients endowed their assets to them hoping to get 335% in yearly returns. Soon the returns ceased, and the investors ended up losing money.

This case will no doubt lead to the detainment of these men. Also, it has made the Taiwanese Cabinet acquaint corrections with the Money Laundering Control Act and the Terrorism Financing Prevention Act, so as to control direct crypto activities.

2. $71.6 mln Scammed in an Indian ICO Fraud

The start of 2019 denoted the fourth capture in the Mumbai trick case, which saw the burglary of $71.6 million. Amit Lakhanpal, the proprietor of MTC (Money Trade Coin) is associated with running a fake ICO. Indeed, it had never been recorded on any known exchange, yet this didn’t discourage investors from sharing their money – the promised profits were too alluring.

Amit Lakhanpal is associated with misleadingly inflating the cost of his tokens to pull in investors, which made them lose millions. The bitcoin scammer likewise made investors believe that the royal family of Dubai had supported his project.

Amit Lakhanpal with Salma Al Kitbi

1. $114 mln Scammed in Sofia-Based Illegal Trading Operation

The biggest crypto trading scam 2019 cost investors over $100 mln! The police of a few European countries, particularly, Germany and Austria, have revealed a criminal group operating fake binary options and crypto exchanges in Bulgaria and the Czech Republic. Clients of Optionstars, XTraderFX, Cryptopoint, SafeMarkets, OptionstarsGlobal, and Goldenmarkets were tricked in by alluring rates and inevitably lost $114 million.

These cybercriminals controlled various offshoot organizations, including a contact center and program suppliers. The police struck 21 organizations and 4 homes in Sofia before they found all the elements of the crime. In the result, the supposed mastermind behind the trick was captured, and six-figure entireties, alongside terabytes of information, were sequestrated.

 Thank you so much dear for this really very informative post and I literally liked your post because you really do very hard work to write such a long post and it is really very sad I think we should work hard to get money not to steal it from anybody but some people can't understand it because they just want money no matter from where they are getting this.

[Razan alikac 1899]

The largest platform in the trading platform is Binance, and it was hacked resulting in a loss of 7,000 bitcoins
 Hackers have used a variety of fraudulent methods, including viruses and cyber attacks, to penetrate the Binance platform
 Hackers used multiple accounts in the withdrawal process to appear independent, and therefore I succeeded in passing the security measures in the Binance platform, and the platform was unable to stop these operations
 Binance has earned the trust of customers by reassuring them that it will use the #SAFU fund to cover the damages of hacking the Binance platform and the amounts of users on the platform will not be affected.

[Fixfin 2569]

7000 BTC today is 200 million so the damage was considerable although at that time it was very lower price for Bitcoin, so Binance managed to survive and this hack didn't affect the customers. After all these big hacks and the latest happened in Livecoin, Exmo and Altilly, we once again have to repeat that all centralized exchanges may be targetted by some people that are highly intelligent and can find a way to breach the most secure website, although they can't breach the blockchain so holding the private keys to your coins is the most important message.

[Bruno52 1141]

These are scams that we can all learn something from to avoid getting scammed in the future as people learn from mistakes one way or another and this holds particularly true for something as valuable as crypto currencies.

[scorpiali 5626]

I really don't like bad news and all who talk about scam coins because the majority have a lot of profits form the crypto currency and the bad news can effect the market of each coins like we have about ripple in the last few weeks 

[khan22 3478]

On 2/28/2020 at 8:04 PM, Efs said:

10. The scandal with Kraken flash crash

Kraken, a noteworthy Bitcoin exchanging stage, encountered a flash crash that made the cost of the digital money abruptly fall from $8,400 to $75.

Not long after, the cost settled again and many didn’t even notice it. It was essentially thought of like a glitch in the framework. In any case, an investigation from CipherTrace proposes that the accident was brought about by a hack.

As indicated by CipherTrace’s examination, the hacker compromised the account of a client with a lot of digital currency and took 1200 BTC, which was worth more than $10 million at the time.

9. Israeli fraudsters

As indicated by CipherTrace, two siblings from Israel were captured on June 21 for an alleged phishing trick that went on for a long time.

In this time, the Gigi brothers, Eli, 31, and Assaf, 21, are claimed to have taken over $100 million in digital money.

The crypto scammers are claimed to have baited investors from crypto trading forums, for example, Reddit onto sites that mimicked prominent crypto exchanges.

8. XRP worth $10 mln stolen from GitHub

Programmers had the option to snatch around $10 million worth of XRP from GateHub clients in June this year. Gatehub made a preliminary statement on June 6, uncovering that the cybercriminals had the option to steal money from 100 XRP Ledger wallets.

While the organization is as yet researching how it could have occurred, all the wallet holders were reached and more than 500,000 XRP (worth $200,000) has been recovered so far.

7. $18.7 mln Stolen in a South Korean Ponzi Scheme

Specialists from South Korea have applied AI components to reveal a multimillion-dollar Ponzi plot that swindled more than 56,000 financial specialists. The investors were mostly new to crypto exchanges, with the larger part being in their 70s. The unlisted M-token was guaranteed to bring 600%, which is the thing that baited users in.

This case demonstrated the handiness of AI for crypto agents. The calculations were prepared to recognize watchwords identified with unreasonable guarantees and individuals’ motivating force plans, which are run of the mill of staggered showcasing. This innovation has the potential for a more extensive application.

6. $27 mln “typosquatting” trick in Europe

This year, news covers featured the following heading: “Six captured in UK and Netherlands over $27 million “typosquatting” trick. The six people took Bitcoin tokens of about 4,000 people.

The individuals who were associated with a Bitcoin trick worth $27 million were captured in June, as indicated by a Europol official statement. Following a multi month-long joint examination, specialists all the while captured five men and one woman at their homes in southwest England and the Dutch urban communities of Amsterdam and Rotterdam.

The robbery influenced more than 4,000 exploited people, who were spread out in 12 distinct nations.

Europol said the examination revolved around “typosquatting”, a strategy which involves making a fake digital currency exchange to access users’ Bitcoin wallets. The examination was completed as a joint activity by the UK South West Regional Cyber Crime Unit (SW RCCU), the UK’s National Crime Agency (NCA), and the Dutch police.

Pay attention to typosquatting websites!

5. $30 mln stolen in a Canadian ICO Fraud

K.P. Hobbs and L.A. Cheng, a couple from Canada, are confronting a claim from the B.C. Common Forfeiture Office in Canada being accused of raising $30 million through an ICO fraud.

They propelled one of the most notorious cryptocurrency scam coins, FUEL token, and they persuaded investors that it would be utilized for future items and develop in utility and price. The activity finished with the appropriation of investors’ assets for individual use, including luxury expenses, for example, obtaining of a townhouse in Coal Harbor, the acquisition of two Range Rover SUVs, and a multi-million dollar gambling spree.

4. $40 mln Stolen in Binance hack

Our crypto scam list wouldn’t be full without mentioning this notorious case. Binance, one of the world’s biggest digital money exchanges, had BTC worth $40 million stolen in May.

While it is exceptional to see a platform like Binance get hacked, the cybercriminals managed not only to take 7,000 BTC but also revealed two-factor confirmation codes and API tokens. Binance likewise uncovered that the programmers had the option to compromise “exceptionally high net-worth accounts”.

In spite of the programmers pulling off $40 million worth of BTC, the effect wasn’t extraordinary for Binance since it was just 2% of the trade’s general property.

Here are the weak spots hackers search for

In an announcement on their site, Binance expressed: “The programmers had the persistence to pause, and execute well-organized activities through numerous apparently autonomous records at the most ideal time. The exchange is organized in a manner that passed our existing security checks. Tragically we were not ready to obstruct this withdrawal before it was executed.”

3. $51 mln stolen in a Taiwanese Ponzi Scheme

In Taipei, seven men were accused of cheating more than 1,000 investors of $51 mln. Clients endowed their assets to them hoping to get 335% in yearly returns. Soon the returns ceased, and the investors ended up losing money.

This case will no doubt lead to the detainment of these men. Also, it has made the Taiwanese Cabinet acquaint corrections with the Money Laundering Control Act and the Terrorism Financing Prevention Act, so as to control direct crypto activities.

2. $71.6 mln Scammed in an Indian ICO Fraud

The start of 2019 denoted the fourth capture in the Mumbai trick case, which saw the burglary of $71.6 million. Amit Lakhanpal, the proprietor of MTC (Money Trade Coin) is associated with running a fake ICO. Indeed, it had never been recorded on any known exchange, yet this didn’t discourage investors from sharing their money – the promised profits were too alluring.

Amit Lakhanpal is associated with misleadingly inflating the cost of his tokens to pull in investors, which made them lose millions. The bitcoin scammer likewise made investors believe that the royal family of Dubai had supported his project.

Amit Lakhanpal with Salma Al Kitbi

1. $114 mln Scammed in Sofia-Based Illegal Trading Operation

The biggest crypto trading scam 2019 cost investors over $100 mln! The police of a few European countries, particularly, Germany and Austria, have revealed a criminal group operating fake binary options and crypto exchanges in Bulgaria and the Czech Republic. Clients of Optionstars, XTraderFX, Cryptopoint, SafeMarkets, OptionstarsGlobal, and Goldenmarkets were tricked in by alluring rates and inevitably lost $114 million.

These cybercriminals controlled various offshoot organizations, including a contact center and program suppliers. The police struck 21 organizations and 4 homes in Sofia before they found all the elements of the crime. In the result, the supposed mastermind behind the trick was captured, and six-figure entireties, alongside terabytes of information, were sequestrated.

Not just some exchanges are hacked there are so many exchanges are hacked and peoples lost their money i just use some exchanges which are good in security and they safe your all fund.

[Naha62 752]

Thank you very much for sharing such information۔Just as the publicity of this form is increasing, the cryptocurrency is becoming more and more popular in the world, so increasing the number of scammers.

[Sykkuno 2887]

Hacks thefts and Ponzi schemes, as well as scams of all kinds will not go away, they are part of every economy and the digital economy wouldn't be different, in fact I am surprised as I thought there would be even more disorder and chaos like in any unorganized society but the fact that a certain level of intelligence is required to be a crypto scammer, makes it more difficult for them as 99% of scammers and thieves are brainless and can't even learn how to handle cryptocurrencies.

[annayks 2314]

The scams will be even more this year as new investors are never listening and this was obvious the moment they didn't understand the Twitter hack and thought that Biden and CZ would give them both money from a giveaway, after first they send them their Bitcoin. Since there are so many people that keep getting scammed from this stupid fake giveaway and expect that someone will send them back double their money, then the scammers will keep increasing and damaging this market. It is sad but we are doing all we can to inform people and there is still no stopping in this.

[Pereira 2303]

Computer fraud is being seen more and more on social networks and I can say that users always have to keep in mind that a hacker who has all the tools and an excellent internet can decipher any computer mechanism, so you always have to keep that in mind and take care of yourself very well of the page you are entering and uploading our personal data, if we take good care of ourselves we do not have to run the risk of being scammed or stolen by entering unverified pages.

[The Game 2059]

14 hours ago, Jovany said:

Yes mate, I am also impressed, this topic is a topic that will teach us on how we can detect if a coin is legit or not, as we all know that scammers are all over the internet and they are always ready to scam people so we should be careful always.

Yes of course we all have to becareful and avoid some numerous offer made by these scammers in other to be successful in digital market, however I will advice all the members of these forum when they come across any scammer trying to convince them, they should not waste time at all and simply report them to the admin of the forum.

[bogdanoff 3173]

There will be a scam list for 2020 too as with rising prices we have seen many, although 2019 was probably going to be the top year for many more to come. It had the chinese ponzis that got too much funds and they were later all arrested with thousands of Bitcoin seized by Chinese government. 

[zhoutong 2188]

We always discuss crypto scams and they are many I agree, but what about the fiat scams. Are they perhaps even more than cryptocurrencies? How is it then that so much fiat currencies are laundered each year from some banks and how is it that the rich get richer since the system is taxing them more as it is said. I see many scams in governments and corruption is at extreme levels. At least with cryptocurrencies everything is transparent and we can find the stolen fund addresses.