Topic: Analysis company that trains students to detect cryptocurrency scams - page 2. (Read 341 times)

I just hope this is a legitimate information, and not scammers trying out another method using the name of this website and institute respectively. I don't know how long they have been working on this, if they actually are, but this attempt to try and investigate and recover cryptocurrencies after they have been stolen may be a difficult endeavour.
I second this, prevention is a more feasible idea in preventing crypto scams, as for detecting and recovering them when the deed is already done, that is on a totally different level of difficulty and I don't know how it'll work.

In my view, I think the majority of the known (and yes also the unknown ones) scammers are now doing business using cryptocurrency and this is a big shame because these are the people that are putting down the good name of this industry down. We should really be doing something on this, we can all contribute something no matter how small in giving warning to as many people as possible especially the newbies never to be a part of the statistics. We should be encouraging CipherTrace to maybe have a good tool that social media users can use in detecting scams and sharing the warning to their friends in just one click. Maybe Facebook should also adopt something of a scam detection and warning system. I pity the many victims and future victims of the many schemes out to get the hard-earned money of the people.

I was once scammed by an ICO project and it took all my money in just 8 months. I am quite sorry because I do not have analytical knowledge about ICO projects and their actions. Fraudulent projects will often show signs of delay, failure to meet the set goals and especially not paying attention to the price of the token. fraudulent projects will have that in common and after the capital mobilization is over, they are also silenced and not develop any further. That's what I've ever tasted.

I am agree with you bro. This is not about the cyber world only but also in real world. Crimes is totally may occur everywhere we have to be careful and be an observant to avoid in involving this crimes like scams schemes and hacked accounts coz we are the one's who is responsible in every action that we take and we are the one's who to blame whenever if we involve in hacking or scams.

that agreement is being developed, as for the page I think it is under maintenance, when available I inform you

Though they might be doing this out of good will, tracing the transactions can only go so far as due to privacy technologies like Coin Join. I'm personally more for educating the masses as to prevent hackings and scams in the first place; pretty much the "prevention is better than cure" approach.

Good luck to them regardless.

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

I would say it's a great initiative by CipherTrace. The volume of crypto related scams and thefts are rising at an alarming rate and has to be stopped at any cost because these scams/frauds are indeed spreading negativity about cryptos worldwide and that's not a good thing to have! It certainly calls for a team of trained blockchain professionals specializing in fighting scams. It is very similar in a way when we have seen a rise to the "cyber crime professionals" from the beginning of this decade! Now every company houses a team of such professionals for their own sake!

What surprises me is that, there is no mention of such program in Ciphertrace website. Neither the same can be found in the website of Middlebury Institute in London. What all I am getting is the link of various crypto related websites. Can you please redirect us to a proper address where the details of this programs can be fetched?

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.

It is known that on the internet we can see multiple scams referring to cryptocurrencies, such as ICOs or signal programs for traders. For this reason, the signature of the well-known platform called CipherTrace has taken the liberty of announcing the “Defenders League” program by playing the role of an antibiotic for this problem that is becoming more and more frequent on the internet.

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."

However, it is known that there are measures to protect against scams, nowadays it is very easy even for a scammer to get into our accounts and steal them, simply by clicking on where they shouldn't be.

What do you think of this measure to prevent scams with cryptocurrencies?

 Have you ever been scammed with cryptocurrencies, how was it?

https://cointelegraph.com/news/sec-requests-telegram-banking-data-as-new-evidence-emerges