Sadly. The cryptocurrency space is nearly always associated with fraud. Due to the prevalence of Bitcoin scams, many individuals automatically associate cryptocurrency with fraud and view Bitcoin as the primary means of theft. It is not an undeserved reputation, and we will go over some of the largest Bitcoin frauds that have occurred in the last several years.
Read More: remitano scam
There are a lot of frauds in the realm of cryptocurrencies, as we have seen in the past—both recent and distant. Ponzi and pyramid scams, including Forsage and Ethereum Million. The blockchain has seen instances of investment fraud, impersonation, theft, hacking, and pretty much every other method now in use to steal money from people.