I'm wondering what his definition of crypto crime is? He's mentioning ICO scams in his article, but whether those scams are actually illegal is a different question.
This article also doesn't mean much when there are no numbers involved.
How does crypto crime compare against credit card fraud? Which jurisdiction is he talking about? Laws are very different around the world.
Some ICOs might be illegal in the US, while being legal in some other country.
This article is just too short and they're too vague. I've also never even heard of this website, so it just doesn't seem too trustworthy, for me at least.
Topic: More Crypto Crimes in 2018 than Any Other Cybercrime (Read 128 times)
According to Lotem Finkelsteen, an expert at the Israeli cybersecurity company Check Point Software Technologies (CHKP), says that crypto crimes would outnumber all other cybercrimes in 2018.
“Not a day goes by without our hearing about a new ICO scam or mining attack.”
He also added that blockchain tech is suffering from “reputational damage” as it is associated with cryptocurrencies.
While others at the blockchain event were optimistic about blockchain tech and its potential, Haim Pinto, Hapoalim CTO, argued that there aren’t any blockchain-powered projects or systems, especially in the banking industry, that are “dependably usable.” To Pinto, the tech is simply not ready for mass adoption:
“We can’t just take it and use it.”
Source: https://cryptoclub.ph/2018/06/25/more-crypto-crimes-in-2018-than-any-other-cybercrime/
“Not a day goes by without our hearing about a new ICO scam or mining attack.”
He also added that blockchain tech is suffering from “reputational damage” as it is associated with cryptocurrencies.
While others at the blockchain event were optimistic about blockchain tech and its potential, Haim Pinto, Hapoalim CTO, argued that there aren’t any blockchain-powered projects or systems, especially in the banking industry, that are “dependably usable.” To Pinto, the tech is simply not ready for mass adoption:
“We can’t just take it and use it.”
Source: https://cryptoclub.ph/2018/06/25/more-crypto-crimes-in-2018-than-any-other-cybercrime/
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