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The Cryptomarket for Fraud and Crime

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The Cryptomarket for Fraud and Crime
In recent years, we have seen a new trend gaining momentum in the global capital market, to be specific about the new financial world and the cryptocurrency economy. Now the trend has reversed and is once again eliminating itself and with it confidence in the crypto currency as a phenomenon, but there is an undermining of Blockchain as a security mechanism for the value of cryptocurrencies.

The seemingly tragic problem seems to have been completely ignored by those who built the Blockchain system. It is about them completely ignoring the establishment of incentives for existence in the long-term and security. This has led anyone with the slightest understanding of the financial market to stop making significant investments in cryptocurrency.

What is a most likely explanation for the coming crisis in the Bitcoin bubble is the discussion that started from the large scale of new forms of fraud that this world's low moral and ethical principles in the practical application and greed evoke.

In combination with the unregulated market that the crypto market has developed, it is also in itself a logical failure when criminal elements and fraud are what is the most profitable in the industry as a whole. What is surprising, however, is that the law and the jurisdiction have not had time to understand this after so many years.

For two years now, I have been following a specific development where fraud has reached breathtaking levels and without any visible horizon on this issue in the public sphere.

More specifically, we see plenty of software and apps that media companies without knowledge and experience from the financial sector run to exploit people to invest, staking, lending, trading, exchanging, and mining cryptocurrencies. Most are pure scams where, for example, investors are tricked into investing in something that later turns out to be something completely different from what the initial information was about, and most crypto mining programs today are rigged so that people around the world sit and mine crypto to these mining programs and applications run by media companies that systematically loot people's accounts that have seen an opportunity to earn extra money for the opportunity that is wrongly promised to anyone who registers an account and starts crypto mining with their computer.

My question is if there is anyone behind the Blockchain that themself belive they will succeed without honesty and trust?

These days the Blockchain seems more being a "scam factory" to criminal elements.

The change may will not be before the issue is too obvious. Either it is to be solved now, or we start to produce the incentives to let the Blockchain go under, because the greater part of this world will not accept the bad and the good always win. That is still the the difference between right and wrong, as it is stated in the book.

In 2019 the trend of people looking to make a living by working online is starting to make a resurgence. With a growing economy, a stock market that keeps hitting new highs, there is a newly found enthusiasm for the industry. It seems everywhere you go online now you find there are ads boosting the riches of working from home.
With the promise of easy money, there is always a number of non-legitimate companies that pop up intending to scam the public out of there money. The FBI has also noticed the recent trend and found a 61-to-1 scam ratio of home-based internet job opportunities online. That means for every 1 legit job there are 61 not so legal offers, so it is important to know how to weed out the scams from the real offers.

Here are Some Tips on What to Look for:

1. Real Work from Home jobs never requires you to pay a fee to learn more about the job.
2. Don't answer job offers that you receive in your junk e-mail from unsolicited companies.

Type of Industries the provide Work from Home Opportunities

1. Short Links
2. Survey Taking
3. Online Writer
4. Telemarketing
5. Online Jury Duty

If you have more of a go-getter attitude you might want to try using your skills working for yourself by starting your own freelance online business. this could work out even better because you can set your own hours and schedule.

Stop the scams and frauds, and only list controlled and confirmed legit products, must be a duty of the government and it cannot be selfsustained! And when that happen then the market is still unregulated!

Take one most important advice, never get into anything that is not legitimate and authorized that has anything to do with the cryptomarket, because if you do that, you are part of the crime. Remeber that!

CRYPTOCURRENCY IOTA: INTERNATIONAL POLICE COOPERATION ARRESTS SUSPECT BEHIND 10 MILLION EUR THEFT

https://www.europol.europa.eu/newsroom/news/cryptocurrency-iota-international-police-cooperation-arrests-suspect-behind-10-million-eur-theft

Cryptocurrency Fraudster Sentenced
Virtual Currency Scam Defrauded Investors of Millions

https://www.fbi.gov/news/stories/cryptocurrency-fraudster-sentenced-021119

Attorney General Task Force Publishes Crypto Enforcement Framework

https://beincrypto.com/attorney-general-task-force-publishes-crypto-enforcement-framework/



Posted on 05/16/21

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