This program consists of providing a preparation and cryptographic tools to investigate and learn more scams related to cryptocurrencies. It is for this reason that CipherTrace has announced partnerships with the Middlebury Institute in London and the Blockchain Acceleration Foundation (BAF).
According to CipherTrace The cost of robberies, scams and fraud had already reached more than $ 4 billion by the end of the third quarter of 2019, emphasizing the urgent need for adequate solutions to be brought to the market to combat cryptocrime and protect individual investors . Jefferies said:
"Together, the collaborating entities will train students with training and tools to investigate cases of scam and fraud related to cryptography, helping to make the crypto economy safer for everyone."
Topic: Analysis company that trains students to detect cryptocurrency scams (Read 341 times)
December 29, 2020, 11:59:18 AM
July 10, 2020, 05:45:59 PM
According to CipherTrace The cost of robberies, scams and fraud had already reached more than $ 4 billion by the end of the third quarter of 2019,
I'm not advocating crime, but has anyone ever seen a report that shows the estimated value of how many theft involving Hyip/ponzi sites have? What is the value of theft involving hyip/ponzi sites? Credit cards are also theft targets, this is not just a problem of the crypto world, it is a general problem. If there is money or anything of value, then scammers will be around. In the case of the crypto world people need to do more research on the projects that will invest money.
There are hackers everywhere, only that it is more common in these cases because we talk about ICOs, fraudulent airdrops on telegram, it is much easier to steal when the victim presses a link. and yes you should carefully review what to click, and what project you want to belong but some may be very well prepared with credible budgets but they are still scams, I say that the line is very thin, it is better be recommended by a person who verifies that the project is real
Old post, but just in case you still want the info:
https://ciphertrace.com/defenders-league/
January 15, 2020, 02:30:23 PM
According to CipherTrace The cost of robberies, scams and fraud had already reached more than $ 4 billion by the end of the third quarter of 2019,
I'm not advocating crime, but has anyone ever seen a report that shows the estimated value of how many theft involving Hyip/ponzi sites have? What is the value of theft involving hyip/ponzi sites? Credit cards are also theft targets, this is not just a problem of the crypto world, it is a general problem. If there is money or anything of value, then scammers will be around. In the case of the crypto world people need to do more research on the projects that will invest money.
Precisely. As long as there is something worth stealing there will be some scum who wants to steal it. People who support "fall" for HYIP/Ponzi are assholes and deserve to lose what they invested that is how they learn and stop being stupid. Some never learn and will fall over and over for it. People with so much greed are ruining the crypto world by giving support to crime which only encourages more of it. After all if no one entertained the scammers there would be none left.
January 14, 2020, 11:35:45 AM
You really don't need some kind of fancy superhero league to train people in crypto scams. Crypto scams are totally the same as any other normal scam.
Teach people how to fish, not how to fish for a particular fish. Teach them basic personal internet security. Get people to improve their habits online and it will apply to crypto.
How do you tell people about private keys if they still use "password" as their password, for example?
Teach people how to fish, not how to fish for a particular fish. Teach them basic personal internet security. Get people to improve their habits online and it will apply to crypto.
How do you tell people about private keys if they still use "password" as their password, for example?
Estoy de acuerdo. Cada persona que administra este tipo de cuentas, que trabaja con criptomonedas, no solo debe conocerlas, sino también aprender a proteger su privacidad, saber qué URL puede estar defectuosa, saber cómo analizarla antes de ingresar. Todos deben tener la responsabilidad de proteger su identidad.
January 14, 2020, 11:07:21 AM
scammers will victimized as long as there are willing victims and that is the reality,we knew how risky crypto investing is and that is why we must required ourselves to make differ research fist before letting our money enter this market.
the problem is ,people are too greedy to expect income in short ways then this is why scammers success on this area.
the problem is ,people are too greedy to expect income in short ways then this is why scammers success on this area.
Most of the time, scam is happening personally, if the scammers or group of scammers will work in a large scale basis, then studies and methodologies could work to detect it, but the hardest part is when someone innocent of being scammed becomes a victim of a scammer in which no other person or community could interfere. These kind of scamming is evident on social media platforms wherein, the risk is to accept a deal without further study. To prevent it, everyone should be trained to be knowledgeable about detecting scams and to avoid it.
January 14, 2020, 10:58:40 AM
scammers will victimized as long as there are willing victims and that is the reality,we knew how risky crypto investing is and that is why we must required ourselves to make differ research fist before letting our money enter this market.
the problem is ,people are too greedy to expect income in short ways then this is why scammers success on this area.
the problem is ,people are too greedy to expect income in short ways then this is why scammers success on this area.
January 14, 2020, 10:45:36 AM
It is impossible to track all crypto fraud schemes because they become more complicated every day.
January 14, 2020, 09:53:19 AM
Have you ever been scammed with cryptocurrencies, how was it?
https://cointelegraph.com/news/sec-requests-telegram-banking-data-as-new-evidence-emerges
https://cointelegraph.com/news/sec-requests-telegram-banking-data-as-new-evidence-emerges
Most big crypto scams happen on centralized platforms.. But crypto is about decentralization or "be your own bank". There are safe paths to follow in crypto world... If you venture out of the paths and something bad happens, whom do you blame? Probably better to use the govt-regulated exchanges and hope they compensate you quickly if something bad happens.
I haven't really be scammed before except for exchange hack, ignoring kyc & not able to withdraw my coins, and and an unpleasant experience with a failed crypto service (my first time of using Bitcoin/crypto). All three happened on centralized platforms. I don't really save too much on centralized/custodial platforms.
I have been "scammed" multiple times on centralized (both crypto & non-crypto) platforms in a short period of time (within 5 years, I think ) compared to being scammed on decentralized platforms.
January 14, 2020, 09:51:59 AM
According to CipherTrace The cost of robberies, scams and fraud had already reached more than $ 4 billion by the end of the third quarter of 2019,
I'm not advocating crime, but has anyone ever seen a report that shows the estimated value of how many theft involving Hyip/ponzi sites have? What is the value of theft involving hyip/ponzi sites? Credit cards are also theft targets, this is not just a problem of the crypto world, it is a general problem. If there is money or anything of value, then scammers will be around. In the case of the crypto world people need to do more research on the projects that will invest money.
January 14, 2020, 08:23:42 AM
For me this is a good idea. Cryptocurrency scams are really rampant and since crypto is decentralized we don't know where to report these scams. These trained students are great help to solve problems like this. Its better to detect it before it can grow or spread.
It is very obvious that scams in cryptocurrency world or even the projects that are promoting by some people are getting bad in terms of it's image and other related stuff just because of the past projects that had been happening right now. It is very great to know especially for us who are very rampant to be a victim of scam projects that there are some students who are training in order to become good in terms of analysis and analyzing if the project are scam or not. If they will be able to say if the project is scam or not then probably it would be less our dillema in terms of picking a project that we will invest in or promoting.
January 14, 2020, 08:08:06 AM
For me this is a good idea. Cryptocurrency scams are really rampant and since crypto is decentralized we don't know where to report these scams. These trained students are great help to solve problems like this. Its better to detect it before it can grow or spread.
It is very obvious that scams in cryptocurrency world or even the projects that are promoting by some people are getting bad in terms of it's image and other related stuff just because of the past projects that had been happening right now. It is very great to know especially for us who are very rampant to be a victim of scam projects that there are some students who are training in order to become good in terms of analysis and analyzing if the project are scam or not. If they will be able to say if the project is scam or not then probably it would be less our dillema in terms of picking a project that we will invest in or promoting. 
January 14, 2020, 07:45:43 AM
How do you tell people about private keys if they still use "password" as their password, for example?
People don't need to know everything. We need tools such as hardware wallets making it easy for people to safely transact without exposing their private key somehow.
In the end, it's impossible to not make people fall for scams as even scams become more refined and look less scammy. What helps to curb down on scams is to not chase yield left and right when you have to send someone else your money. If there isn't a viable trustless way to make money, there will be huge risk to anything you do.
From being scammed by banksters in the legacy system to being scammed by someone sitting at home waiting for you to bite. Same outcome.
January 14, 2020, 06:31:27 AM
For me this is a good idea. Cryptocurrency scams are really rampant and since crypto is decentralized we don't know where to report these scams. These trained students are great help to solve problems like this. Its better to detect it before it can grow or spread.
January 14, 2020, 06:22:29 AM
How do you tell people about private keys if they still use "password" as their password, for example?
People don't need to know everything. We need tools such as hardware wallets making it easy for people to safely transact without exposing their private key somehow.
In the end, it's impossible to not make people fall for scams as even scams become more refined and look less scammy. What helps to curb down on scams is to not chase yield left and right when you have to send someone else your money. If there isn't a viable trustless way to make money, there will be huge risk to anything you do.
From being scammed by banksters in the legacy system to being scammed by someone sitting at home waiting for you to bite. Same outcome.
January 14, 2020, 05:53:41 AM
Have you ever been scammed with cryptocurrencies, how was it?
The only scams I've been a victim of is of exchanges going bust taking my coins with it.
I've learned how to detect the possibility of exchanges going bust though: they usually hike withdrawal fees in a bid to get you to keep your coins on the exchange. And they usually offer things like lending or "safe boxes" where you can earn "interest" on your coins. Those things are also designed to get you to keep your coins on the platform, and is a sign they don't quite have enough for redemptions if everyone withdrew their coins.
January 14, 2020, 05:33:07 AM
in scams there will definitely not be comprehensive data, because there is fraud that removes traces and also people who are deceived do not report it. but with this amount of data I think there will be progress to count the cases of recorded fraud, because there will be a new method in dealing with it that can be measured again the following year, will it decrease or increase.
January 14, 2020, 05:20:35 AM
Pretty much like what a regulatory board would do, but these time, there are trainees specialized for a specific market, and not the general economic business market. If they could pull this off, then we might be at the brink of a paradigm shift, wherein people and the government would trust cryptocurrencies more, which would eventually give way to easier adoption.
January 14, 2020, 04:33:59 AM
You really don't need some kind of fancy superhero league to train people in crypto scams. Crypto scams are totally the same as any other normal scam.
Teach people how to fish, not how to fish for a particular fish. Teach them basic personal internet security. Get people to improve their habits online and it will apply to crypto.
How do you tell people about private keys if they still use "password" as their password, for example?
Teach people how to fish, not how to fish for a particular fish. Teach them basic personal internet security. Get people to improve their habits online and it will apply to crypto.
How do you tell people about private keys if they still use "password" as their password, for example?
January 14, 2020, 04:28:30 AM
Yes i encourage this idea because the scams are now more frequent and it has a negative impact on crypto and bitcointalk is a live proof many people has lost their crypto by investing in ico's that turned out to be scams.
January 14, 2020, 04:18:10 AM
So are we supposed to install some kind of ciphertrace program to antibiotic ourselves? Trust another centralized platform to take care of us?
Scams cost people money in crypto because mainly centralized companies are being careless and not practicing proper security. Of course, users are to blame also for putting money on exchanges so better teach people to keep their own wallets first.
Scams cost people money in crypto because mainly centralized companies are being careless and not practicing proper security. Of course, users are to blame also for putting money on exchanges so better teach people to keep their own wallets first.
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