Skip to main content

Get-rich-quick hopes are lifeblood of crypto scams – The Times

get-rich-quick-hopes-are-lifeblood-of-crypto-scams-–-the-times

Consumers who accumulated extra cash over the pandemic are all too aware that leaving their money sitting in a bank account will mean inflation slowly erodes their savings. But in their haste to avoid this fate, some are being lured into fraudulent investments and losing every cent of their hard-earned cash.

It’s one thing if a person knowingly puts their money into an ultra high-risk investment, such as cryptocurrencies, but it’s another when they put it into an entirely fraudulent or non-existent investment dressed up to look like cryptocurrencies or commodities and so on.

Figures from the Garda National Economic Crime Bureau (GNECB) show a 67 per cent increase in investment fraud reported last year, with 234 incidents amounting to a total value of

Similar posts

Gildable: New Digital Trading Card Platform Turns Instagram Posts Into Digital Collectables With Perks and Utilities – GlobeNewswire
May 19, 2022

LOS ANGELES, May 19, 2022 (GLOBE NEWSWIRE) — Gildable Inc. is launching its revolutionary blockchain-powered platform that enables anyone with an Instagram account to create and sell NFT-backed trading cards that come with associated perks and utilities. Gildable has already garnered the attention of artists and stars such as The Bachelor’s Peter Weber, iconic actress Mariel Hemingway, Ohio […]

‘NFTs: Enter the Metaverse’ | Watch the trailer for non-fungible token documentary from ABC Localish Studios – 6abc Philadelphia – WPVI-TV
May 19, 2022

In 2021, three otherwise unassuming letters would upend the worlds of cryptocurrency, technology, art, and pop culture all at once. NFTs, or non-fungible tokens, were propelled into the mainstream after an unprecedented $69.4 million sale at the historic art auction house Christie‘s in New York City. The sale of digital artist Beeple‘s Everydays at Christie’s […]

Cryptocurrency Prices Today May 19: Bitcoin drops, Ether slumps over 4%; Polkadot biggest drag – Moneycontrol
May 19, 2022

Bitcoin traded at Rs 24.92 lakh. The dominance of the world’s largest cryptocurrency increased marginally by 0.57 percent to 44.78 percent over the last day, according to CoinMarketCap data May 19, 2022 / 09:04 AM IST Representative image Most cryptocurrencies traded in the red early on May 19 as the global crypto market cap dropped […]

No Comments Yet

Leave a Reply

Your email address will not be published.

 
bitcoinBTC/USD
$ 29,636.00
ethereumETH/USD
$ 1,978.98
tetherUSDT/USD
$ 0.999311
usd-coinUSDC/USD
$ 0.999707
bnbBNB/USD
$ 303.21
xrpXRP/USD
$ 0.414406
binance-usdBUSD/USD
$ 1.00
cardanoADA/USD
$ 0.529543
solanaSOL/USD
$ 51.73
dogecoinDOGE/USD
$ 0.086335
polkadotDOT/USD
$ 10.03
wrapped-bitcoinWBTC/USD
$ 29,594.00
staked-etherSTETH/USD
$ 1,947.07
avalanche-2AVAX/USD
$ 30.03
tronTRX/USD
$ 0.073768
shiba-inuSHIB/USD
$ 0.000012
daiDAI/USD
$ 1.00
litecoinLTC/USD
$ 69.41
crypto-com-chainCRO/USD
$ 0.19193
leo-tokenLEO/USD
$ 4.96
matic-networkMATIC/USD
$ 0.647996
nearNEAR/USD
$ 6.05
ftx-tokenFTT/USD
$ 30.51
bitcoin-cashBCH/USD
$ 193.82
chainlinkLINK/USD
$ 7.02
stellarXLM/USD
$ 0.130945
okbOKB/USD
$ 12.29
cosmosATOM/USD
$ 10.62
algorandALGO/USD
$ 0.454022
flowFLOW/USD
$ 2.90
moneroXMR/USD
$ 165.00
ethereum-classicETC/USD
$ 20.54
apecoinAPE/USD
$ 7.93
uniswapUNI/USD
$ 5.04
hedera-hashgraphHBAR/USD
$ 0.103348
vechainVET/USD
$ 0.030858
elrond-erd-2EGLD/USD
$ 92.08
theta-fuelTFUEL/USD
$ 0.062442
internet-computerICP/USD
$ 7.96
magic-internet-moneyMIM/USD
$ 0.996786
filecoinFIL/USD
$ 8.13
decentralandMANA/USD
$ 1.09
axie-infinityAXS/USD
$ 20.71
compound-etherCETH/USD
$ 39.26
chain-2XCN/USD
$ 0.092078
tezosXTZ/USD
$ 1.73
the-sandboxSAND/USD
$ 1.23
defichainDFI/USD
$ 2.84
kucoin-sharesKCS/USD
$ 14.52
fraxFRAX/USD
$ 0.998198