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Topic: Four Arrested in Ukraine for Running Six Fake Cryptocurrency Exchanges - page 2. (Read 300 times)

full member
Activity: 392
Merit: 137
Good job on Ukrainians who reported these fake exchanges. This is why it's always important for people to actually report all the scams they've fallen for. People say the enforcement doesn't care, but with crypto and Bitcoin on every country's agenda, you at least should never let these thieves get away with what they're doing.

Got to wonder, though, if this "effective policing" is just part of the government's intense anti-crypto campaign in Ukraine. Watched a couple of the govt-sponsored anti-Bitcoin videos and they're kind of lame.

It would be great if there were more of this “effective policing” and more than just a way to get rid of crypto. It would protect the citizens from the scams and should encourage the crypto-enthusiasts and investors. The police should do what they can to protect the citizens from scams such as those, instead of just helping the gov’t in promoting “anti-crypto”. Enforcement is going to help give the community a sense of security.
I never trusted the police. They are not interested in our problems. They always react after the crime has occurred. But time is lost and it is very difficult to get your money back. Any regulation takes into account the opinion of officials. This makes their decisions subjective. Why do you need such a mechanism?
full member
Activity: 686
Merit: 146
Good job on Ukrainians who reported these fake exchanges. This is why it's always important for people to actually report all the scams they've fallen for. People say the enforcement doesn't care, but with crypto and Bitcoin on every country's agenda, you at least should never let these thieves get away with what they're doing.

Got to wonder, though, if this "effective policing" is just part of the government's intense anti-crypto campaign in Ukraine. Watched a couple of the govt-sponsored anti-Bitcoin videos and they're kind of lame.

It would be great if there were more of this “effective policing” and more than just a way to get rid of crypto. It would protect the citizens from the scams and should encourage the crypto-enthusiasts and investors. The police should do what they can to protect the citizens from scams such as those, instead of just helping the gov’t in promoting “anti-crypto”. Enforcement is going to help give the community a sense of security.
legendary
Activity: 1862
Merit: 1015
Well if this keep happening all the time, people will lost their trust against cryptocurrency and the major impact is Downtrend.
When bitcoin value consider high enough encourage more people to build crypto exchange in order to scam people so user must be smart before try to deposit into new exchange !
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
Indeed good job for the law enforcers, In this time around people should be very vigilant since crypto is so popular these days people are easily get scammed by crooks. Its better to detect early treats before it gets worst so that none in the future will fall victims.
copper member
Activity: 142
Merit: 0
Scammers have been at all times in all countries. Not new. But it seems to me that the main reason for the decline in the popularity of cryptocurrencies is the disparate relationship within the crypto community. Everyone earns money for themselves and does not pay attention to the problems of others. In the end, everyone suffers.

Indeed, things have changed the blockchain lack of units people think only of money and forget the heart of the Blockchain.
sr. member
Activity: 434
Merit: 255
Scammers have been at all times in all countries. Not new. But it seems to me that the main reason for the decline in the popularity of cryptocurrencies is the disparate relationship within the crypto community. Everyone earns money for themselves and does not pay attention to the problems of others. In the end, everyone suffers.
full member
Activity: 462
Merit: 102
That’s disgusting on making money out of it.. I will be happy that they will be rotted on jail for the rest of they’re lives.. The Ukrainian police have done a very good job in bringing them in and let the full force of the law punished them for they’re doings.. This is insanely not welcome in our world and they have to be banned in cryptocurrency for a lifetime..

Bitcoin and blockchain technology suffered from this fraudulent activity and policing measures is highly necessary..
hero member
Activity: 1834
Merit: 759
This is not good news in which it will just make the Bitcoin current performance to worst. Bitcoin performance is average low now in which we need more good progress in order to attract more investors to make the real demand of Bitcoin to increse but with these bad guys doing it will just making the people to avoid Bitcoin as most of them would say Bitcoin investments is a scam. I hope these bad guys will be in jailed forever so that there is justice for the victims.

It's bad for crypto for sure, but I don't think it can make the current situation any worse. They're a fairly small market, and the news itself doesn't generate anywhere near as much buzz as the Bithumb hack (which didn't move the market much either). Scams are so common nowadays that people probably just shrug at them.

But yeah, that doesn't mean we have to treat scams as the norm. The community should work each other to eliminate as many of them as possible. Good for Ukraine.
member
Activity: 350
Merit: 11
W12 – Blockchain protocol
According to reports, four Ukrainians were arrested by the Ukrainian police for allegedly carrying out six fake cryptocurrency exchanges that were used to defraud potential users of their funds.

The Ukrainian police made the arrests on June 21. The suspects, aged 20 to 26, have been trapping people and deceiving them into buying cryptocurrencies from online digital currency exchange companies that displayed fake ratings and reviews on their websites.

Read More >>>>http://social.bitzamp.com/four-arrested-in-ukraine-for-running-six-fake-cryptocurrency-exchanges/

This is not good news in which it will just make the Bitcoin current performance to worst. Bitcoin performance is average low now in which we need more good progress in order to attract more investors to make the real demand of Bitcoin to increse but with these bad guys doing it will just making the people to avoid Bitcoin as most of them would say Bitcoin investments is a scam. I hope these bad guys will be in jailed forever so that there is justice for the victims.
sr. member
Activity: 798
Merit: 268
Six fake cryptocurrency exchanges, wow! Look at what greeds gives to you. Hopefully there’s no victim or at least the investor got the refund. People should not believe easily on the reviews because sometimes its not true and don’t just believe on the new exchanges without proper analysis. Hope that this will not result to a bad image of cryptocurrency in Ukraine.
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
Good job on Ukrainians who reported these fake exchanges. This is why it's always important for people to actually report all the scams they've fallen for. People say the enforcement doesn't care, but with crypto and Bitcoin on every country's agenda, you at least should never let these thieves get away with what they're doing.

Got to wonder, though, if this "effective policing" is just part of the government's intense anti-crypto campaign in Ukraine. Watched a couple of the govt-sponsored anti-Bitcoin videos and they're kind of lame.
sr. member
Activity: 672
Merit: 271
For sure nothing new for the crypto space to hear something of this sort. These defrauders are the only reason that have spoiled the reputation of the crypto exchanges worldwide. They are the reason of dwindling trust of the masses in the digital assets. That is why many a people are afraid to put an entry into this place. But never mind, it is surely good to see that many countries are actively regulating the digital transactions and are strictly implementing those rules and regulations.

No surprise. It's easiest way to get followers. Exchanges are big for some, especially new coins. And they try best to promote it and get listed there.
Also each exchange has it's own crypto, so here you go. Pump and Dump.
It is easiest and the DUMBEST way to get the followers! Angry
newbie
Activity: 51
Merit: 0
No surprise. It's easiest way to get followers. Exchanges are big for some, especially new coins. And they try best to promote it and get listed there.
Also each exchange has it's own crypto, so here you go. Pump and Dump.
full member
Activity: 434
Merit: 100
According to reports, four Ukrainians were arrested by the Ukrainian police for allegedly carrying out six fake cryptocurrency exchanges that were used to defraud potential users of their funds.

The Ukrainian police made the arrests on June 21. The suspects, aged 20 to 26, have been trapping people and deceiving them into buying cryptocurrencies from online digital currency exchange companies that displayed fake ratings and reviews on their websites.

Read More >>>>http://social.bitzamp.com/four-arrested-in-ukraine-for-running-six-fake-cryptocurrency-exchanges/
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