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Topic: Crimes involving crypto have risen - page 25. (Read 7349 times)

legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
July 22, 2019, 10:44:47 AM
#8
Most of this came from the scam crypto exchanges which just vanished in thin air.

Security should be improved on that field or better just use decentralized one with a lot of security.
If not, then just keep using the trusted ones. I dont know what is the deal of creating more of this exchanges when we can see it will be difficult to tear down a known exchange specially Binance who had been growing day by day.
hero member
Activity: 1120
Merit: 554
July 22, 2019, 09:49:54 AM
#7
Ok, but how many dollars have been involved with illegal activities?  Currency isn't inherently bad or evil, it is just a tool used for transaction and it is on the humans on what it is used for.  A baseball bat isn't good or bat but it can be used for a weapon, now lets ban all baseball bats.....
legendary
Activity: 2268
Merit: 16328
Fully fledged Merit Cycler - Golden Feather 22-23
July 22, 2019, 09:40:58 AM
#6
It would be nice to know how many trillion won have been lost to crimes involving won in the last two years, according to South Korean government data.
Just'sayin.
full member
Activity: 730
Merit: 102
Trphy.io
July 22, 2019, 09:39:14 AM
#5
"Nearly 2.7 trillion won ($2.3 billion) have been lost to crimes involving cryptocurrency in the last two years, according to South Korean government data."

where do you see the improvements being made against crypto criminal activity. this can really hurt the price for traders/investors if conditions don't improve.

i really hate this when i encounter people here in our country saying Bitcoin is scam
i know i am not to judge them but why invest in something you do not understand, peoples greediness is the real reason
why there are scammers and why there are people being scammed.
thats why i do my part to enlighten those people to atleast have a change of heart and understand crypto more.
sr. member
Activity: 2422
Merit: 357
July 22, 2019, 07:00:00 AM
#4
"Nearly 2.7 trillion won ($2.3 billion) have been lost to crimes involving cryptocurrency in the last two years, according to South Korean government data."

where do you see the improvements being made against crypto criminal activity. this can really hurt the price for traders/investors if conditions don't improve.

I think this is the consequence of cryptocurrency being popular as a financial tool. It becomes an attraction for those criminals who wanted easy money because they cannot be traced that easy with crypto.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
July 22, 2019, 09:30:38 AM
#4
"Nearly 2.7 trillion won ($2.3 billion) have been lost to crimes involving cryptocurrency in the last two years, according to South Korean government data."

where do you see the improvements being made against crypto criminal activity. this can really hurt the price for traders/investors if conditions don't improve.

They are exaggerating to make the crypto industry the boogeyman, so the mass population will accept to be controlled easier via legislations, taxes, etc... It would have been interesting to give the figures for the fiats currencies. Because we think it's a lot, but if we could compare it with the dollar it would be peanuts! I remember a slogan saying "Create the problem and offer the solution"

Illegal activities with Bitcoin have decreased by more than half over the last 5 years....without Satoshi coming to say "hey! Here is the new regulation to fight the crime"
full member
Activity: 1232
Merit: 186
July 22, 2019, 06:41:13 AM
#3
Oh, I wasn't expecting that! I never thought it would be that huge Shocked. Sad to say but AFAIK there is no specific agency which primarily deals with all the cases regarding crypto however for sure police authorities of each country have their own cybercrime division handling with these stuffs. But honestly, I think it wasn't enough.

Anyways, as a crypto investor we should not fully depend our own welfare to our government/others. Our money is our own obligation so we are supposed to take care of it first and foremost. I know that scammers are getting smarter nowadays but this will not be a valid excuse, we must become wiser as well.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
July 22, 2019, 05:46:53 AM
#2
"Nearly 2.7 trillion won ($2.3 billion) have been lost to crimes involving cryptocurrency in the last two years, according to South Korean government data."

where do you see the improvements being made against crypto criminal activity. this can really hurt the price for traders/investors if conditions don't improve.

That will improve for sure but it will take time, when market regulation happens, scams will be minimize.

Next time you post the source so you will not violate the forum rules which in your part is Plagiarism.
This is the source https://www.coindesk.com/south-korea-estimates-2-year-losses-from-crypto-crimes-at-2-3-billion for sure.
jr. member
Activity: 193
Merit: 7
July 22, 2019, 04:39:46 AM
#1
"Nearly 2.7 trillion won ($2.3 billion) have been lost to crimes involving cryptocurrency in the last two years, according to South Korean government data."

where do you see the improvements being made against crypto criminal activity. this can really hurt the price for traders/investors if conditions don't improve.
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