ICO fraud, hard fork fraud, simple fraud

So many frauds

There are rampant frauds by phishing websites that disguise as exchanges. What is more, their methods are also becoming increasingly cunning, sometimes leading the victims to enter their own private keys, tricking them into thinking that they are being helped to retrieve cryptocurrencies that have been sent as a mistake. We might even start seeing things like “private key storage services” that eventually demand ransom cryptocurrencies from their users.

It goes without saying that we must be careful not to be tricked by these straightforward frauds. However, we need to be especially alert against more shrewd frauds. I will not name them here, but there are so many of them in the world of cryptocurrency.

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